IA-Profitable Batteries Plus Franchise – Below Market

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.

Total Sales: $770,000

Cash Flow: $133,000

FFE: $41,000

FFE Included: Yes

Inventory: $140,000

Inventory Included: No

Year Established: 1998

Facilities Information:

Corner unit, 5 unit strip mall, 1725 sf, remodeled exterior frontage, high exposure 11k to 12k traffic count daily on a major cross town thorough fare, relatively easy in/out traffic flow with r/l turning lane. Easy to find with notable landmark businesses in area. Full semi access with rear door ramp access. Adequate island parking and three frontage parking spaces. No loading dock. Landlord is next door neighbor.

Reason For Sale:

Consolidating business interest.

Training & Support:

The franchise offers world class training and support through onsite training, online modules, call center support, regional support staff, regional boot-camps, national convention, corporate training facilities, and regular training calls and webinars. Seller will provide additional training and transition support.

Competition:

Brand awareness allows this business to dominate the competition. Also, multiple product lines and the repair center sets this business apart.

Potential Growth:

"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.