Business For Sale Listing 157542
Two Turn-Key Franchises With Growth Potential
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
Asking Price $400,000
Inventory 69,000*
Gross Income 525,000
Year Established 2006
* included in the asking price
Cartridge World refills and remanufactures inkjet and laser cartridges for printers at a substantial savings to customers. We also save the environment by not throwing empty cartridges in the landfill.
Both stores are located within 20 miles of each other. One is in Hannibal, MO and the other is in Quincy, IL. Both towns have a large business base and the potential is unlimited for the right person to pursue. One store compliments the other and there is no competition. We also have a substantial amount of business to the north in Iowa.
This would be a turn-key operation. Everything that you see when you walk in the stores will be yours when the transaction is finalized. Both store managers are equipped to carry on the day to day operation of the business if you should prefer to be an absentee owner.
Facilities: Both stores are located in strip malls with Wal-Mart close by. Both strips are fairly new, well maintained, with very high visibility.
Competition: There is a smaller retailer with higher prices in the area, which does not provide much competition. Being right by Wal-Mart puts us in a prime location!!
Growth/Expansion: Cartridge World has over 1200 store worldwide. With a salesperson, there would be an enormous amount potential for growth, with many businesses in close proximity that could really benefit from our services. We currently advertise on a local radio station, at a local theatre (approximately 8,000 people will see the ad monthly), and also on our local CBS affiliate.
Financing: Available through 3rd party
Support/Training: 2 weeks of training provided by the franchisors. As well as support from former owner and 2 store managers who know the business inside and out.
Reason Selling: Retirement
Contact Business Owner For More Info.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (525,000) |
| Profits: |
Not Disclosed |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand (400,000) |
