Profitable Battery Retail & Recycling Store

Macomb County, MI

Seller Financing Available
Profitable Battery Retail & Recycling Store
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Asking Price: $85,000

Cash Flow: $74,095

Gross Revenue: $509,713

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Rent: $3,093.02 /Month

Established: 2010

*not included in asking price.

Profitable Battery Retail & Recycling Store

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Business Description

Profitable Battery Retail, Repair & Recycling Business

The world needs more power in a form that is clean and renewable. Be at the forefront providing energy storage solutions to a thriving battery industry. A proven, 10-year track record of increasing cash flow and trusted reputation, the business carries batteries for more than 100,000 consumer and pro devices. The business generates multiple streams of revenue from retail sales, commercial sales, battery rebuilds and recycling for the expanding digital device market. No previous knowledge of batteries is required. Training will be provided by the seller, the first franchisee of the brand. You have a large protected territory, low royalty fees (fees drop off March 2020), state of the art POS system, and a low corporate overhead. Located in a premium strip center location, it generates 60-70% walk-in traffic. With consistent 30% of sales from commercial battery rebuilds, you'll see many repeat customers. Make additional income by selling new products and growing phone repair. Capitalize on the battery replacement and distribution market with endless opportunity for growth, progress and profit. Act now and make an appointment today!

Unique opportunity! This is a Franchise agreement that ends in March 2020. Royalty fees drop off in March 2020. Rare licensing opportunity is available after March 2020. Royalty fees are 0-4% based on gross monthly revenues. ($0 - $10,000: 0%, $10,001 - $20,000:1%, $20,001 - $30,000: 2%, $30,001 - $40,000: 3%, amounts over $40,001: 4%) 5% max royalty fee per month. 4% local advertising fee, 1% national marketing fee which includes website. There is a $5,000.00 transfer and training fee to be paid by buyer and a $175 per month fee for the POS system.

Detailed Information

Location:
Macomb County, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,291
Lease Expiration:
N/A
Employees:
1 FTE; 3 PTE
Financing:
seller financing available with $39,900
Support & Training:
seller will train
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Greg Edgecomb

Business Listed By:
Gregory Edgecomb

Capital Business Brokerage

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