NC/SC 10-Stores Multi-Unit Batteries Plus With Real Estate for Sale
NC/SC 10-Stores Multi-Unit Batteries Plus With Real Estate for Sale
The price for this business is $5MM All-In. This includes 10 Batteries Plus Stores, 5 Commercial Buildings worth $3.2MM, and $1.5MM sellable inventory at cost. The business cash flow is $571k and the property mortgage and taxes paid to the owner are $267k.
This 10 pack is a rare to find as the same owner owns 10 locations throughout NC and SC. there are also 5 buildings for sale as well. All locations are well established with a strong customer base. Sellers work primarily from a home office which means that you can live and work anywhere within your territories. All key management and employees are in place for smooth transition. All stats below are for all 10 stores combined. The entire purchase price is tangible assets which is great for lending!
Purchase price allocation:
Business assets: $300,000
Sellable Inventory: $1,500,000
Real Estate (5x): $3,200,000
Be a 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.
**There is no room in this price for negotiation and 'creative financing'. Proof of buyer's financial ability required prior to a meeting with the sellers.
Price: $5,000,000
Location: -, North Carolina
Industry: Retail
Total Sales: $6,678,000
Cash Flow: $717,000
Furniture, Fixtures, Equipment (FFE): $600,000
Inventory: $1,500,000
Inventory Included: Yes
Year Established: 1995
Employees: 40
Real Estate: $3,200,000
Real Estate Included: Yes
Facilities Information: 10 Locations - Wilmington, NC (2 Stores); Fayetteville, NC; Jacksonville, NC; Wilson, NC; Gastonia, NC; Rock Hill, SC; Myrtle Beach, SC (2 Stores); and Florence SC.
Reason For Sale: Seller wants to retire.
Training & Support: The franchise offers world class training and support through onsite training, online modules, call center support and regional support staff. Regional boot-camp, national convention, corporate training facilities, and regular training calls and webinars are also included in the training. 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.
