Seller's Contact Information
- RE: Highly Profitable Batteries Plus Bulbs Franchise
- Contact: Buyer Services
Quick Facts
Asking Price: | $85,000 | |
Annual Revenue: | $604,000 | |
Net Profit: | $137 | |
Cash Flow: | $137,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 4 | |
BBN Listing #: | 934824 | |
Broker Reference #: | PA-BP-ERIE |
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 owned.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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