This cell phone and electronics repair shop located in a heavily trafficked shopping center, blocks away from South Coast Plaza. It has fantastic exposure, plus, their location is conveniently located close to their main parts supplier (just a few blocks away), so both service and restocking inventory is fast. They repair cracked cellphones (70% of sales); tablets and iPads (20%) and laptops, computers and gaming consoles (10%) within a few hours. This business is considered an essential business and remained open during the pandemic lockdown.
The owner has been absentee for the past few years, pursuing a PHD and admittedly not at all pushing the business for growth. The website has been neglected - five years without a blog, zero online booking, and no SEO...neglected!! Other obvious growth opportunities include promoting their mobile service, where they fix the product at the customer's home or business...big opportunity! The Seller has been approved to work with Amazon as part of their Mobile Service Repair team but again, the Seller hasn't pursued this revenue at all. Working with warranty and insurance service providers such as SquareTrade (application already submitted) and Asurion is another potential large revenue source. Partnering with local schools and businesses to handle their repairs is also a great source of growth. The owner has also done zero marketing .... Again, there are plenty of expansion opportunities for an energetic Buyer!!
This business is a fantastic opportunity: a proven business (five year track-record), profitable (which will be even better with a dedicated owner operator), and obvious avenues for growth...all at a fantastic price. If you're currently in (or are considering) the electronics repair space, this shop is an amazing opportunity for you. Reach out to the Agent today!