Business Summary:
This home-based and rapidly growing wholesale distribution business sells cellular phones, prepaid phone cards and P.O.S. cellular phone time. The P.O.S. sales account for the majority of revenue and are via VeriFone terminals that sit next to the cash register in convenience stores and other retail outlets. The firm has over 400 locations in 8 Southeastern states. The phenomenal growth of this business has validated the need for its products and the upside potential is unlimited. The current owner has been unwilling to hire regional or national salespersons to take this business to the next level, but this could be done by someone willing to make the effort and investment. The impressive cash flow for 2008 is annualized from the 2008 9-month P&L and is expected to be over $204,000. However, new locations are being added weekly, so these numbers are very conservative. For additional details on this acquisition opportunity, please call or email William Bruce at (251) 990-5910 or WilliamBruce@bellsouth.net.
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