Turnkey Phone Repair Store – Staff in Place, Cash Flow
Business Description
This is a fully turnkey cell phone and computer repair business with trained staff in place who intend to remain after the sale. Located in Oakland County’s highly desirable Novi market, Phone Clinic Novi has operated successfully since 2012 and is known for fast, reliable repairs and strong repeat business.
The business runs with minimal owner involvement, making it ideal for an owner-operator or semi-absentee buyer seeking stable cash flow in a recession-resistant industry.
FINANCIAL SNAPSHOT
Annual Revenue: $253,000
Cash Flow (SDE): $67,749
EBITDA: $45,000
Asking Price: $150,000
Lease: $1,950/month through January 2026
Low overhead, service-based revenue model
BUSINESS OVERVIEW
The 1,500 sq ft facility specializes in iPhone, iPad, Android, and tablet repairs with minimal inventory risk. Revenue is driven primarily by high-margin repair services, not device sales, resulting in consistent and predictable cash flow.
Experienced employees are in place and intend to remain post-sale, allowing for a smooth ownership transition and uninterrupted operations.
LOCATION & MARKET
The store is located in a high-traffic retail center in affluent Novi, offering strong visibility and favorable demographics. Demand for device repair continues to grow as device prices increase and upgrade cycles lengthen, making this a recession-resistant business.
CLEAR GROWTH UPSIDE
A new owner can increase revenue by adding:
Certified pre-owned device sales
Accessories and protection plans
Prepaid wireless and bill pay
Device buyback programs
Corporate and B2B accounts
Enhanced local digital marketing
INCLUDED IN SALE
Professional repair tools and equipment
Fully equipped workstations
POS system with customer database
Security system and cameras
Parts inventory (approx. $7,000 value)
Fixtures, furniture, and equipment (approx. $30,000 FF&E)
TRANSITION & SUPPORT
Seller will provide hands-on transition training, plus continued phone and text support to ensure continuity with staff, vendors, and systems.
Seller financing available. Owner is selling to focus on other ventures, presenting a strong opportunity to acquire a proven, established repair business in one of Metro Detroit’s strongest retail markets.
The business runs with minimal owner involvement, making it ideal for an owner-operator or semi-absentee buyer seeking stable cash flow in a recession-resistant industry.
FINANCIAL SNAPSHOT
Annual Revenue: $253,000
Cash Flow (SDE): $67,749
EBITDA: $45,000
Asking Price: $150,000
Lease: $1,950/month through January 2026
Low overhead, service-based revenue model
BUSINESS OVERVIEW
The 1,500 sq ft facility specializes in iPhone, iPad, Android, and tablet repairs with minimal inventory risk. Revenue is driven primarily by high-margin repair services, not device sales, resulting in consistent and predictable cash flow.
Experienced employees are in place and intend to remain post-sale, allowing for a smooth ownership transition and uninterrupted operations.
LOCATION & MARKET
The store is located in a high-traffic retail center in affluent Novi, offering strong visibility and favorable demographics. Demand for device repair continues to grow as device prices increase and upgrade cycles lengthen, making this a recession-resistant business.
CLEAR GROWTH UPSIDE
A new owner can increase revenue by adding:
Certified pre-owned device sales
Accessories and protection plans
Prepaid wireless and bill pay
Device buyback programs
Corporate and B2B accounts
Enhanced local digital marketing
INCLUDED IN SALE
Professional repair tools and equipment
Fully equipped workstations
POS system with customer database
Security system and cameras
Parts inventory (approx. $7,000 value)
Fixtures, furniture, and equipment (approx. $30,000 FF&E)
TRANSITION & SUPPORT
Seller will provide hands-on transition training, plus continued phone and text support to ensure continuity with staff, vendors, and systems.
Seller financing available. Owner is selling to focus on other ventures, presenting a strong opportunity to acquire a proven, established repair business in one of Metro Detroit’s strongest retail markets.
About the Business
- Years in Operation
- 13
- Employees
- 2 (1 Full-time, 1 Part-time)
One main employee and one part time employee - Facilities & Assets
- This business operates from a well-maintained retail space located in a high-traffic area with strong repeat customer flow. The facility is clean, organized, and fully equipped for device repair and retail sales.
- Market Outlook / Competition
- The device repair industry remains stable and in high demand as consumers choose to fix phones and tablets rather than replace them. Rising device costs, insurance deductibles, and longer upgrade cycles continue to drive consistent repair volume. Accessory sales and protection plans also support steady revenue, making this a resilient, recession-proof sector.
- Opportunities for Growth
- The business currently focuses almost entirely on repair revenue and does not stock devices or accessories, leaving significant room for expansion. A new owner can increase sales by adding certified pre-owned devices, accessories, screen protectors, and cases. Additional profit centers such as bill pay services, prepaid wireless activations, and device buyback programs can further boost traffic and margins. Marketing efforts, local partnerships, and online sales channels offer even more upside.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $1,950.00 per month
- Lease Expiration
- 1/31/2026
About the Sale
- Seller Motivation
- The owner is pursuing other growing business ventures and no longer has the time
- Transition Support
- The seller will provide a 30-day transition period to ensure a smooth and successful handoff. The seller will also be available for phone and text support to answer questions and assist with any challenges that arise.
- Financing Options
- Seller financing is available
Listing Info
- ID
- 2446965
- Listing Views
- 67
Listing ID: 2446965 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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