Priced Below Cost-Quick Growth-National Franchise

Fairfield, CA
Solano County

Asking Price: Annual Revenue:
$75,000 $585,000

Retail: General Merchandise - Retail

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RE: Priced Below Cost-Quick Growth-National Franchise Broker: Buyer Services

Quick Facts

Asking Price: $75,000
Annual Revenue: $585,000
Net Profit: $11,000
Cash Flow: $11,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 799759778
Broker Reference #: CA-BP-Fairfield

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Business Overview:

Turnaround Opportunity - Priced For Quick Sale

Owner operator needed for fast growth and quick turnaround. Seller owns two stores and this one is not getting any attention. Owner is not able to devote time to the business. This store is well established with a strong customer base. Growing revenues, even through 2020. Priced far less that the cost of opening a new store. To start a store from scratch will require an investment of $190K-$367K (Corporate Website). Plus it can take 1-2 years to break even. From the day you purchase this, you'll benefit from a solid staff, loyal customer base, established commercial accounts, and proven track record of success. If the seller had been focused on commercial sales in 2021, based on prior years’ performance, the business would have generated an additional $75k of commercial revenue than what was actually achieved through the first six months of the year.

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.

Financial information, Business Profile, and a video interview & tour will be provided upon completion of our buyer registration.

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Property Features and Assets:

Great corner location.

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. The store currently operates without direct daily supervision and is run by an Asst Mgr. With owner involvement, should see a steep increase year over year.

Reason for Selling:

Lack of time to devote to business.

Additional Details:

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

Relevant Links:

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