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Business for Sale Overview:

The partners in this highly successful two-year-old West Michigan area printer cartridge refilling franchise are big readers of business literature. So when they continued to see the adage "if you think about selling your business, then now is time to sell regardless of your success" they followed this advice and listed their very attractive franchise for resale. Starting from scratch in October 2005, this business will record in 2008 an $80,000 cash flow on nearly $250,000 of revenues. Blessed with an outstanding location and an attractive build out, this business has a very favorable lease with rent less than 7% of revenues. In addition, with a cost of sales of just over 30%, the margins are absolutely terrific. The partners have full time endeavors unrelated to this business so they can only speculate on how much new owner/operators could make if they worked at growing the business through increased outside sales. The business is being offered for $199,000 (includes $45,000 in inventory at cost) which is only about 80% of annual sales and less than 2.5X cash flow. Moreover, to help an enthusiastic though undercapitalized buyer pursue this opportunity, the sellers will carry a meaningful five-figure seller note. The sellers will also pay the franchise transfer fee. This exciting franchise resale opportunity has it all: (1) great cash flow; (2) successful growth record; (3) opportunity for continued rapid growth; (4) affiliation with the largest, oldest, and most successful franchisor in the cartridge industry; (5) a great location; (6) a highly favorable lease; and (7) the opportunity for meaningful seller paper.

Property Features and Assets:

1,300 sq. ft. building.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.