Cell Phone Repair
- Status: Available
- Price: $349,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
Well-established Cell Phone Repair franchise in affluent Thousand Oaks — operating at the same location for 13 years with the highest Yelp and Google review count among local competitors. Specializes in smartphone and tablet repairs, accessories, insurance repairs, and OEM certified manufacturer repairs, with multiple national corporate repair programs projected to increase volume in coming years. Current owner is mostly absentee (~1 visit/week) — strong upside for a hands-on operator.
Location & Lease: New lease: $3,130/mo starting Oct 1, 2026 → $3,255/mo starting Oct 1, 2027, through Sept 30, 2028. Rate is considered below market for the Thousand Oaks retail corridor.
2025 Financials: Revenue: $611K | Cost of Goods: $333K | Recycling: $15K | Expenses: $153K | Net Profit: ~$140K
Monthly Operating Expenses (one technician employee):
| Rent | $3,010 | Yelp Marketing | $730 |
| Franchise Fee | $750 | Insurance | $350 |
| Advertising Fee | $285 | Alarm | $60 |
| Tech Fee | $100 | Payroll | $5,800 |
| Utilities | $200 | Bonus | $400 |
| Supplies / Cleaning | $350 | Credit Card Fees | $450 |
| Internet / Phone | $300 |
Total Monthly: ~$12,785 | Annual: ~$153,420 Store currently operates with one employee and is closed one day per week — significant revenue potential remains untapped.
Growth Opportunities: * Expand from Tue–Sat to 6–7 days/week * Add a front-counter salesperson to drive accessory and repair sales. * Launch social media — currently no Instagram or Facebook presence
Training & Transition: Seller provides training for new owner and 1–2 technicians, introductions to carrier partners and referral sources, and full operational and vendor guidance.
Franchise Transfer: $750/mo flat for 2 years → 4% of gross sales thereafter. One-time transfer/training fee: ~$10,000.
Includes: franchise rights & systems, repair equipment & fixtures, POS & repair tracking software, referral relationships, and established online reputation.
Business Information
Financial Information
- Annual Total:
- Revenue:
- $611,000
- Annual Net Income:
- $140,000
- Inventory:
- Monthly Payroll:
- $5,800
Lease Information
- Base Rent:
- $3,130
- Lease Expires:
- Lease Option:
- Through September 30, 2028
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:


