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- RE: PROFITABLE Battery Retail Location For Sale
- Contact: Pete Rodriguez
Quick Facts
Asking Price: | $600,000 | |
Annual Revenue: | $1,615,762 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $186,347 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 3 | |
BBN Listing #: | 951180 | |
Broker Reference #: | 041621-497123 |
Business Overview:
Long Standing PROFITABLE Battery Retail Location for Sale
Step into ownership of a highly reputable and long-standing battery retail store, a staple in the community for 10+ years. This thriving business specializes in a wide array of batteries, catering to both small and large-scale needs. From emergency lighting systems to automotive batteries, this store has become the go-to destination for all battery-related requirements.
The business brings consistent revenues in excess of $1,500,000 with strong net cash flow margins. All of this comes out of a 1,000 square foot retail space within a strip mall(!!) The business has a sterling reputation in the battery industry as shown by customer reviews and the immense customer base in both retail (35%) and commercial accounts that make up 65% of the total client base. The owner is looking to retire, but is willing to help with a smooth transition. This is a very resilient industry and a must see opportunity for anyone looking in this category!
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Property Features and Assets:
Monthly Rent: $3,600.00; Square Units (Foot, Meter): 1,000; Lease Expiration Date: April 1, 2026, 12:00:00 AM
Market Competition and Expansion:
Competition:Â There are only 9 total franchise locations in the Chicagoland area and the brand is the strongest in this category.
Expansion:Â Almost unlimited as batteries continue to change with new products and the immense amount of commercial accounts that are not touched. Also, there is very little advertising done currently if/when you wanted to hit more of the retail market as well.
Reason for Selling:
RetirementAdditional 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 Illinois businesses for sale
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