Batteries Plus Bulbs - Multiple Stores/Lucrative

Virginia Beach, VA
Virginia Beach City County

Multiple Locations


Asking Price: Annual Revenue:
$1,444,995 $4,100,000

Retail: Electronics, Technology, Computers, Cell Phones


Request More Information
Contact the Seller

RE: Batteries Plus Bulbs - Multiple Stores/Lucrative Broker: Ross Weinstein

Quick Facts

Asking Price: $1,444,995
Annual Revenue: $4,100,000
Net Profit: Not Disclosed
Cash Flow: $420,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 32
BBN Listing #: 48489072
Broker Reference #: 1001

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This multiple retail 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 nations' 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 franchises in the country, and has a unique and well protected business model focusing on sales (retail and commercial) and service, with 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 asking price. Please note that as a huge plus, the owners are able to generally 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 area.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Multiple retail stores located in highly desirable strip shopping centers and a warehouse/commercial sales/corporate office that is conveniently located.

Market Competition and Expansion:

Commercial sales and innovative new services has been a continuous driver of growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!