Price Reduced/motivated Seller - Mobile Tool Distributor

Essex County, MA

Price Reduced/motivated Seller - Mobile Tool Distributor
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Asking Price: Get Financing: $100,000

Cash Flow: $100,000

Gross Revenue: $470,000

EBITDA: N/A

FF&E: $40,000

Inventory: $60,000*

Established: 2011

*not included in asking price.

Price Reduced/motivated Seller - Mobile Tool Distributor

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Business Description

**PRICE REDUCED/MOTIVATED SELLER** This is a terrific opportunity to take over a profitable and established franchise of an automotive tool distributor at a great price from a successful but motivated seller. Within the designated geography north of Boston, there nearly 400 established customer relationships as well as untapped opportunities to expand the customer base. The income to a working owner is nearly $100,000 and the price is less than 1X that amount, including the truck! The Seller is motivated by retirement but would not retire until the new owner was confidently transitioned.

This earning opportunity is ready and waiting for someone who likes to work independently and thrives on the freedom and flexibility to work for yourself, but not by yourself. Taking over a successful franchise allows the Buyer to be up and running very quickly, with immediate income and with a lower start-up cost.

The truck is valued at $40,000. The franchise requires new franchisee to purchase a Starter Tool Kit (approximately $60,000) and the new franchisee may choose between buying or leasing a new computer.

Within the automotive industry, this franchise has excellent brand recognition, a high rating and loyal customers. Independent distributors do not need to spend money marketing the business with local advertising campaigns although they may choose to establish their own webpage. A clean, organized truck and uniform speak for themselves. The tools and equipment have a reputation for quality and price. Excellent customer service and warranties encourage repeat business and referrals.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
This business should qualify for an SBA loan with a 10-20% down payment.
Support & Training:
Seller will ride-along and provide training and support
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Molly Hanson

Business Listed By:
Molly Hanson

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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