Description

Cell phone exchange operates in kiosk location in major shopping mails. Used phones are bought for cash and resold, either in the kiosks, online, or to wholesale buyers.

Showing Comments
Do not discuss possible sale with mall kiosk employees

Business History
Business began in 2012, and has grown to four locations in major malls.

Competitive Overview
Business is extremely successful, due to good locations, knowledgeable management in pricing on purchases and sales and disposition of slow moving phones on internet and to wholesale buyers. Rapid inventory turnover. Some vending machine competitors present in some malls. Franchise operation competitor failed.

Potential Growth
Business is in its early stage of growth. Potential is great, due to the ability to expand kiosks to other shopping malls.

Posted Jan 4, 2016

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