| Asking Price |
$229,500 | Inventory |
$85,000* |
|---|---|---|---|
| Gross Income |
$183,281 | Real Estate |
Optional to Buyer** |
| Cash Flow |
$72,000 | Year Established | 2001 |
| FF&E |
N/A | Employees | 1 |
* included in the asking price
** not included in the asking price
This is an opportunity for someone to buy an established profitable tool business. The business is relocatable within the franchise territory and can be operated from a private residence or from any appropriate commercial building. $229,000 buys this Nationally Known Franchise Territory with a book of business of ~$225,000 and growing, a positive cash flow of >$70,000 and growing, an $85,000 tool inventory and a Van valued at $60,000. In addition the owner is willing to discount $45,000 in revolving accounts receivable giving the buyer a jump start in profit. Optional in the sale is a building (pictures in the prospectus).
Facilities: This business is a well known national franchise. Included in the sale is a Van (approved by the franchise) valued at $60,000 and $85,000 of tool inventory, ~$200,000 of established sales and a positive cash flow of over $70,000. The business is growing and 2006 revenue is forecast at about $215,000.
Competition: This nationally known franchise has become a household word. The name is recognized everywhere and overshadows competition. Because the products are well known and well respected, it simplifies the sales process. This franchisor sells over 50% of all hand tools in the U.S.
Growth/Expansion: This franchise territory is not fully developed and offers plenty of room for sales growth.
Support/Training: Current owner will provide 30 days training but is open to addition training as agreed between the parties.
Reason Selling: Owner has other business interests.

Mike Malone
712-527-1032
Market Connections
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