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- RE: 10-Pack Batteries Plus Real Estate
- Contact: Buyer Services
Quick Facts
Asking Price: | $5,000,000 | |
Annual Revenue: | $7,139,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $571,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $600,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 40 | |
BBN Listing #: | 950567 | |
Broker Reference #: | 2200287 |
Business Overview:
Price is $5MM All-In, which 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.
Rare to find. Same owner owns 10 locations throughout NC and SC. 5 buildings for sale as well.
All locations are well established with a strong customer base. Sellers work primarily from a home office. Live and work anywhere within your territories. All key management and employees in place for smooth transition. All stats below are for all 10 stores combined.
The entire purchase price is tangible assets. 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.
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Property Features and Assets:
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
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.
Reason for Selling:
Seller wants to retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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