Profitable Battery Retail & Recycling Store

File# C2410
Location: Macomb County
Business Price: $85,000
Down Payment: $39,900
Monthly Payment:$1,392.56
Interest Rate: 7%
Amortization Period:3 years
Gross Sales: $509,713
Source: 2018 Profit & Loss
Cash Flow: $74,095
Source: 2018 Profit & Loss
Inventory: 30,000
Days Open: 7 days
Business Hours: 8am-7pm
Seats: NA
Parking: ample
Licences Required:Sales Tax, Franchise
Year Established:2010
Year Acquired: 2010
Monthly Rent:$3,093.02, NNN $322.75 +/-

Profile:

Profitable Battery Retail, Repair & Recycling Business

 

The world needs more power in a form that is clean and renewable. Be at the forefront providing energy storage solutions to a thriving battery industry.  A proven, 10-year track record of increasing cash flow and trusted reputation, the business carries batteries for more than 100,000 consumer and pro devices. The business generates multiple streams of revenue from retail sales, commercial sales, battery rebuilds and recycling for the expanding digital device market. No previous knowledge of batteries is required. Training will be provided by the seller, the first franchisee of the brand. You have a large protected territory, low royalty fees (fees drop off March 2020), state of the art POS system, and a low corporate overhead. Located in a premium strip center location, it generates 60-70% walk-in traffic. With consistent 30% of sales from commercial battery rebuilds, you’ll see many repeat customers. Make additional income by selling new products and growing phone repair. Capitalize on the battery replacement and distribution market with endless opportunity for growth, progress and profit.  Act now and make an appointment today!

 

Unique opportunity! This is a Franchise agreement that ends in March 2020. Royalty fees drop off in March 2020. Rare licensing opportunity is available after March 2020. 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.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.