Franchise of an Authorized Mobile Service Center of a Reputed Brand for sale

Listing ID: SL007323
Posted By: Owner
Last Active: 1+ year ago
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About Business

MI Mobile Phones Service

Clientele type

Mi Mobile users

Premises

Leased Premise. Located in a Prime area.
Monthly rent is INR 65,000 and maintenance is INR 17,000 per month. Security deposit paid is 3 months advance.
They have a Company-owned stock of INR 8 to 10 lakhs.

Asking Price Includes

security deposit, refundable deposit of INR 4 lakhs paid to Company, infrastructure worth approx. INR 14 lakhs

Reason

The owner has other major business to focus

More Details

This Service Center is operational since December 2018.
Monthly revenue is between INR 1 to 1.5 lakhs.
Asking Price is INR 25 lakhs. (negotiable)

Business Tags

MI Service Centre for sale Reputed Brand

₹10 to ₹200 Cr

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Before buying a Authorised MI Service Center, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
  • Will the clients continue with the business after the acquisition?

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