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

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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

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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.

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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:


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.

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