Two Turn - Key Franchises With Growth Potential
Location:
United States
->
Missouri
->
Hannibal
Industry: Business Services > Printing Service
Business Summary
Asking Price: $400,000
Inventory $69,000*
Gross Income: $524,922
Real Estate
Cash Flow: Not Disclosed
Year Established: 2006
FF&E: N/A
Employees: 4
*included in the asking price
**not included in the asking price
Cartridge World refills and remanufactures inkjet & laser cartridges for printers at a substantial savings to customers. Everything is 100% guaranteed. Not only do we save consumers a large amount of money, we also save the environment by not throwing empty cartridges in the landfill. Both stores are located within 20 miles of each other separated by the Mississippi River. One is in Hannibal, MO & the other is in Quincy, IL. Both towns have a large business base and the potential is unlimited for the right person to pursue. One store compliments the other and there is no competition. We also have a substantial amount of business to the north in Iowa. This would be a turn-key operation. Everything that you see when you walk in the stores will be yours when the transaction is finalized. Both store managers are equipped to carry on the day to day operation of the business if you should prefer to be an absentee owner.
Facilities: Both stores are located in strip malls with Wal-Mart close by. Both strips are fairly new, well maintained, with very high visibility.
Competition: There is a smaller retailer with higher prices in the area, which does not provide much competition. Being right by Wal-Mart puts us in a prime location!
Growth/Expansion: Cartridge World has over 1200 store worldwide. With a salesperson, there would be an enormous amount potential for growth, with many businesses in close proximity that could really benefit from our services. We currently advertise on a local radio station, at a local theatre (approx 8,000 people will see the ad monthly), & also on our local CBS affiliate.
Financing: Available through 3rd party
Email or call Nancy Harris at (573) 248-4147 for more info on this Cartridge Franchise for sale
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$525,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $69,000
Seller Financing: Yes
About The Business
Year Established: 2006
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks of training provided by the franchisors. As well as support from former owner and 2 store managers who know the business inside and out.
Reason For Selling: Retiring for the second and final time.
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Click on the "I'm Interested" button above for more information on this Business Services > Printing Service business for sale.
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Print Listing Id: 70094247
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