206 8Th St Homestead, FL 33030

Property Details for 206 8Th St

Year built

1966

Property size

2,072 SF

Property type

Investment properties

Description

This exceptional business opportunity in Homestead, Florida presents a turnkey operation with a proven track record of success. Located at 206 NE 8th St, this established cell phone sales and service business boasts over ten years of consistent profitability, generating excellent annual income. The business model encompasses sales of cell phones and accessories, coupled with services provided in partnership with various telephone companies. This comprehensive approach ensures a diverse revenue stream and a strong customer base. The business occupies 2,072 square feet of space within a shopping center. A significant advantage for any prospective buyer is the secured five-year lease agreement with the shopping center owner, guaranteeing a stable and predictable rental cost ranging from $1,500 to $1,600 per month. This provides financial security and allows for focused attention on business operations and growth. The sale price for this established and profitable business is $220,000. This represents a unique opportunity to acquire a well-established, high-income-generating business with a long-term lease in place, minimizing initial investment risk and maximizing potential returns. Serious inquiries only.