RADIOSHACK STORE IN PARADISE
Seller:
Attn:
Phil Rogers
Location:
Marco Island, Collier, FL, USA
Listing Number:
53724257
Overview:
Only business of its kind on the island, no competition. Excellent opportunity to acquire an independent Radio Shack franchise store in a location with excellent customer traffic and proven track record of producing just under half a million dollars in annual revenues with NO ROYALTIES. Business is established and well known in the community for its expertise and great service and has made itself a "go-to" location. Only Sprint/Nextell cell-phone third party provider along with multiple pre-paid cell phones options. Public internet access with computer stations which charge by time with printers and fax service. Some owner financing available
Property Features and Assets:
Store is centrally located on Marco Island, Florida. The city is an island on the Gulf of Mexico off the coast of Southwest Florida. Marco Island is the largest and most northern of Florida's Ten Thousand Islands. The median income for a household in the city is $60,357, and the median income for a family is $68,979. The actual population including tourists on the island varies by time of year. Part year residents of the island tend to come down to their winter residences on Marco in October and stay until April. Tourists usually stay in the hotels or condo units lining the beaches along the western coast of the island. There are also many single family homes lining canals on the island which are rented on a weekly basis as vacation rentals. During the winter months, the population on the island is about 40,000. During the summer months, the population is around 17,000. Both full-time and part-time residents do not like shopping off the island! Talk about captured audience.
Market Competition and Expansion:
Radio Shack in one of the nation's largest electronics retailers with approximately 6,000 locations in the US with extensive advertisement both locally and nationally. $4.77 billion in annual sales in 2007 with more than 150 million customers each year. One of every 3 households in America purchases Radio Shack products each year. 94% of America lives or works within 5 minutes of a Radio Shack store or dealer . There are over 3,500 products available in-store and many more on line. It is also a cell-phone retailer.
Additional Details:
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