MetroPCS South Seattle - Major Price Reduction

Asking Price: $35,000
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  Aaron Muller
Phone: 425.274.2092

Listing Information

Address: , South Seattle, WA,
Gross Income (last 12 months):
Value of Furniture, Fixtures, and Equipment:
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Year Established:
Value of Inventory:
Number of full-time employees:
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Number of part-time employees:
Value of Property (if for sale also):
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Major price reduction due to decline in seller’s health. MetroPCS is a branch of T-Mobile that focuses on serving the lower-income demographics. Subscribers of MetroPCS enjoy the same nationwide 4G LTE network as T-Mobile subscribers do. The difference with MetroPCS is that there are no contracts to sign, the monthly fees are lower, and customers sign up at a local MetroPCS authorized dealer store instead of a T-Mobile store. The company for sale is an existing MetroPCS authorized dealer store in South Seattle. The store sells smartphones, cell phone accessories, and four different cell phone plans priced at $30, $40, $50, and $60 per month. To ensure the success of its dealers, MetroPCS constantly runs new promotions, hosts customer appreciation events with DJs, and pays for the renovation of the store’s tables and displays on a regular basis. There are no franchise or royalty fees to pay. This particular store is run by a husband and wife team with no employees. Due to health issues, the owners are looking to retire. This is an opportunity to take over a successful store and grow it to the next level.

Facilities / Location

The location is excellent and complemented by many businesses nearby. The rent is affordable at just $1,050 per month, which includes utilities as well. Some of the fixtures are owned by the store. The tables and displays are owned by MetroPCS, which they upgrade on a regular basis. There are approximately $10,000 of inventory in phones, and another $2,000 of inventory in phone accessories. Business hours are 10-7 Mondays through Saturdays, and noon-6 Sundays.

Competition / Market Pros & Cons

Owned by T-Mobile, MetroPCS serves 280 million-plus people in 15 of the top 25 markets across the United States. Nearly 9 million people enjoy MetroPCS' service and unmatched value, with thousands more joining every day. This store comes with a great location, established history, and all the systems and promotional support from a multi-billion dollar company.

Growth and Expansion Pros & Cons

This store has experienced consistent revenue growth every year as it becomes more established. The current store owners do not do any advertising and solely rely on the regional promotions provided by MetroPCS corporate. A new owner with fresh energy could market the store locally and grow the business to the next level.

Support / Training Available

Sellers are willing to train. Details negotiable.

Reason for Selling

Decline in health.

Any Financing Seller Will Provide?

Cash at closing. Broker can assist buyer with obtaining financing.

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