OH-North Olmsted 1/2 Price Turnaround Opportunity-National Franchise

Buy This Business For Less Than Starting New
Owner operator needed for fast growth and quick turnaround.
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.
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: $380,000

Cash Flow: $40,000

FFE: $25,000

Inventory: $45,000

Year Established: 2016

Employees: 3

Facilities Information:

The Batteries Plus Bulbs store located in North Olmsted, Ohio is located just North of Great Northern Mall, Interstate 480 and on Great Northern Blvd. The store is situated near a major highway interchange on the Westside of Cleveland, a few miles from Hopkins International Airport. This is historically a high traffic retail area situated on the West Side of the City of Cleveland. Great Northern Blvd is a street with retail strip centers aligning both the East and West sides of the street. This major retail center is filled with big box retailers, car dealerships, restaurants, etc.

Reason For Sale:

Lack of time to devote to business.

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.