Electronics retail store and recycling depot

Location: Burnaby, British Columbia flag
Industry: Other, Other

Great business for a mechanical or technically minded person

Asking Price

160,000

Annual Revenue

Not Disclosed

Annual Profit

72,000

FF & E

Not Disclosed

Inventory

Not Disclosed

Year Founded

1994

Number of Employees

1-10

Website

Reason For Selling

Owner is ready to retire

This business is not relocatable.

This business is not home based.

Description of Business

This is a great opportunity to own a unique electronics retail store and recycling depot! The business buys and sells freight damaged inventory and customer returns from Best Buys; Future Shop and many more. They fix the items in their warehouse and resell these items in their retail store located in the front of the building. The retail store sells items including but not limited to; computers, laptops, monitors, televisions, audio & video systems, speakers, appliances, and accessories. They also do some customer repairs of computers and monitors. This business provides rental equipment to movie and TV Industries. This business is set up with an auction company who sells their items at their auctions twice a month. The uniqueness of this business comes from the recycling depot that is the first of its kind that they had set up for the community. The business has developed a reputation that is second to none when it comes to providing quality products and dependable service which has lent credence to their outstanding customer repeat base. Plug in the cash to your future inquire today! This unique business with all inventory and equipment is ready to go specializing as a resale store for refurbished household electronics; the business is also an electronics recycling depot. This business can be further expanded with a marketing plan, sales force, and by adding a web site.

Property Information:

1 x Building Leased. Approximately 3,000 sq ft. (lease is on a month to month basis, the lease is transferable to new owner - existing owner is willing to negotiate lease for new owner). Low monthly lease of $1,200.

Competition and Growth Potential:

All existing business is done via word of mouth and a loyal client base. Advertising will increase sales. Several online opportunities exist. Extend operating hours and times.