Franchise Battery Store & Cell Phone Repair

Not Disclosed, MI
Macomb County


Asking Price: Annual Revenue:
$99,000 $509,713

Retail: Electronics, Technology, Computers, Cell Phones


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RE: Franchise Battery Store & Cell Phone Repair Broker: Capital Business Brokerage
Owner Financing is Available!
seller financing available with $60,000 down

Quick Facts

Asking Price: $99,000
Annual Revenue: $509,713
Net Profit: Not Disclosed
Cash Flow: $74,095
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 40442679
Broker Reference #: B2410

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Business Overview:

This could be the perfect franchise opportunity for you. You will be providing products and services that consumers and businesses need for many years to come. This is an established battery store with a 10-year track record of reliable cash flow and remarkable reputation. The store carries batteries for more than 100,000 various consumer and pro devices. Become the go-to source for of all kinds of batteries, phone repair, and auto key cutting/fob programming. The business will give you multiple streams of revenue from retail sales, commercial sales, battery rebuilds and recycling. No previous knowledge of batteries is required. Training will be provided by the seller, the first franchisee of the brand. You will have a large protected territory, low royalty fees, state of the art POS system, and a low corporate overhead structure. Located in a premium strip center location, it generates 60-70% walk-in traffic. With consistent 30% of sales from commercial battery rebuilds, you will have many repeat customers. Make additional income by selling new products and growing phone repair with the flexibility you will not see with other franchises. In fact, the average U.S. household has 28 battery-powered devices that need replacement. This is a unique opportunity with solid cash flow and seasoned staff. Act now and make an appointment today!
Royalty fees are 0-4% based on gross monthly revenues. ($0 - $10,000: 0%, $10,001 - $20,000:1%, $20,001 - $30,000: 2%, $30,001 - $40,000: 3%, amounts over $40,001: 4%) 5% max royalty fee per month. 4% local advertising fee, 1% national marketing fee which includes website. There is a $5,000.00 transfer and training fee to be paid by buyer and a $175 per month fee for the POS system. Franchise agreement ends in March 2020. Licensing only opportunity is available after March 2020.

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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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