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Listed by:

S.L. Nusbaum Realty Co

Batteries Plus Bulbs (multiple Locations & Super Profitable) For Sale

Virginia Beach, Virginia
Asking Price:
$1,444,995 (USD) Furniture / Fixtures included
Sales Revenue:
$4,100,000 (USD)
Cash Flow:
$420,000 (USD)

This multiple location Batteries Plus Bulbs franchisee, with a commercial sales/warehouse corporate office, is highly profitable and totally turnkey. Batteries Plus Bulbs is one of the nation's fastest growing battery, light bulb, smart phone/tablet repair and auto key fob franchises, with a nationwide network of over 700 locations. Batteries Plus Bulbs is consistently rated as one of the top franchisees in the country, and has a unique and well protected business model focusing on sales (retail and commercial) and multiple, products, services and profit centers. They provide franchisees with state of the art training, product knowledge, marketing, support and corporate buying power. This franchisee for sale has had consistently strong revenue and profit growth for almost 20 years, and has in recent years experienced tremendous growth in corporate sales. The approximately $450,000 of good and usable inventory at seller's cost that a buyer must additionally purchase, is not included in the sales price. Please note that as a huge plus, the current owners are generally able to come and go as they please, they do not work in the stores and they do not perform corporate sales. This totally turnkey business that produces well over $400,000 in cash flow, has allowed the owners a lot of freedom and is backed by a great franchisor. It's simply looking for a new owner to take it to the next level in the highly desirable and fast growing Hampton Roads, VA area.

Property Information

Real Estate:

Lease

Location:

Norfolk-Virginia Beach, VA Area

Premises Details:

Multiple fantastic retail store locations in strip shopping centers and a conveniently located warehouse/commercial sales/corporate office.

Business Operation

Expansion Potential:

Commercial sales have demonstrated strong and continuous growth.

Competition / Market:

There is no one quite like this innovative and diversified retail and service business with multiple profit centers.

Reasons for selling:

Retirement.

Employees:
32
Years established:
2000

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller and Franchisor will provide.

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$450,000 (USD)

Contact Information

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