Grand Traverse County Specialty Retail

Traverse City, MI
Grand Traverse County

Asking Price: Annual Revenue:
$1,000,000 $1,123,165

Retail: Non-classifiable

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RE: Grand Traverse County Specialty Retail Broker: Bill Malek

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,123,165
Net Profit: $10,500
Cash Flow: $114,572
Total Debt: $70,000
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 7
BBN Listing #: 810356932
Broker Reference #: 191211

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Business Overview:

Grand Traverse County Profitable Franchise this franchise store opened on March 20, 2011 located on South Airport Rd in Traverse City Michigan.

The Traverse City Franchise has grown its sales an impressive 69% over five years. The growth has just begun by offering product sales opportunities by adding new satellite locations in Gaylord and Charlevoix. Additional product sales opportunities in commercial markets and online sales. Even if a franchise owner knows nothing about products or repair, the franchiser offers world-class training programs will provide you with the knowledge you need to help set your business up for success.

The store has seven full time employees and a part time Administrative person. The staff includes a Manager, an Assistant Manager, and four Tech-Sales staff. The Pay range is between $12 per hour down to $20 per hour.

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Property Features and Assets:

The store is 1,800 sq. ft. that includes the showroom, tech center, and office. The store holds approximately $110,000 in inventory.

Market Competition and Expansion:

The franchise owner has access to over 60,000 unique products, but that's only the beginning. Throughout its 30-year history, the franchiser has consistently adapted to meet the needs of a changing retail market, capitalizing on new trends and expanding its catalog of products and services to include additional revenue streams like device repair. Franchise owners are able to tap into the $32 billion U.S. battery replacement market and the $22 billion U.S. product replacement market, but that's just the beginning. In addition to brick and mortar retail sales.

Reason for Selling:


Additional Details:

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

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