StarPony Electronics, a Radio Shack Dealer
in beautiful Highlands, NC
StarPony Electronics
Radio Shack Franchise Store for Sale!
StarPony Electronics, a Radio Shack Franchise store located in the scenic, mountain town of Highlands, NC is up for sale! This Radio Shack has been in Highlands for over 8 years and at its current location on Main St. for 4.5 years. Highlands is a tourist town that has 30,000+ residents through its peak season of May through December. The median house price in Highlands is just under $800,000.
We have seen sales gains year after year with 2006 sales at just under $500,000! So far 2007 has been our most profitable year. In February of 2005, we did a C-3 fixture upgrade and almost doubled our sales floor area to roughly 1700 square feet, which includes a separate home theater room that is not currently being utilized to its full capacity or potential.
Including myself and my wife, we have 3 full-time employees and 2 part-time employees. One of our full-time employees is the store manager. I, myself, would be willing to stay on as an employee to help see you through the transition if necessary.
Our current cost of inventory is approximately $75,000. We are a Verizon Wireless dealer, but there is AT&T signal available here as well. Therefore, upon purchasing the franchise you would have your choice of carriers. There are no other cell phone dealers or electronic stores in our town. The closest one is another Radio Shack 25 minutes away. The closest department store that sells electronics is about 35 minutes away.
Our asking price for this beautiful store and unique business opportunity is $399,000. This is a firmly established, turn-key business with a great sales and support team including; POS support and training for business owners and sales associates. If you have any questions or would like additional financial information, please call or email us at the contact info below.
Thank you very much for your time and attention!
Sincerely,
Chuck Willhide & Cynthia Stacey (Owners)
StarPony Electronics/ Radio Shack
828-526-3350
starpony@radioshack4sale.com
