Highly Profitable Batteries Plus Bulbs Franchise

Erie, PA
Erie County


Asking Price: Annual Revenue:
$300,000 $647,000

Retail: Electronics, Technology, Computers, Cell Phones


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RE: Highly Profitable Batteries Plus Bulbs Franchise Broker: Buyer Services

Quick Facts

Asking Price: $300,000
Annual Revenue: $647,000
Net Profit: Not Disclosed
Cash Flow: $137,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 852159778
Broker Reference #: PA-BP-Erie

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Business Overview:

This existing business is part of the nation’s largest and fastest-growing battery, light bulb and smartphone/tablet repair franchise with a nationwide network of stores. With access to more than 60,000 types of batteries, bulbs and accessories, this business has the widest selection of products available. They offer unmatched service to consumers, businesses and government entities at the national and local levels. This Franchise continues to reign as the undisputed leader in the expanding $32 billion U.S. battery replacement market, the growing $22 billion U.S. light bulb replacement market, and the $2.4 billion smartphone repair industry. This industry is considered “essential” and is pandemic resistant.

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Property Features and Assets:

Freestanding building with 2 lanes of traffic heading north and 2 lanes heading south separated by a turning lane that can be used to access the store if heading south. Located centrally in the City of Erie, PA, average car traffic is over 25,000 per day. Easy access to loading area that is serviced by an overhead door. Has extra space that is currently being rented for storage.

Market Competition and Expansion:

Brand awareness allows this business to dominate the competition. Also, multiple product lines and the repair center sets this business apart. "Build on recent "essential retail" designation, which led to a retail sales increase in the second half of 2020. Continue to leverage digital marketing. Batteries sales for Auto, Truck, Golf Cart, & Marine Categories constant because Amazon and on-line retailers do not ship these batteries directly to customers.

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.

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