5 Location Specialty Electronics Franchise Retailer (420K Cash Flow)

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5 Location Specialty Electronics Franchise Retailer (420K Cash Flow)

Business Description

This highly profitable and totally turnkey specialty electronics retail franchisee has 5 retail locations and a commercial sales/warehouse/corporate office. The well known, highly sought after, and innovative national franchisor has over 700 locations. It is consistently rated as one of the top franchises in the country, and has a unique and well protected business model focusing on sales (retail and commercial) and service, with multiple products and profit centers. This particular franchisee for sale has had consistently strong revenue and profit growth for almost 20 years, and is simply looking to retire. Further as a huge plus, the owners, who are generally able to come and go as they please, do not work in the stores nor do they perform corporate sales. With this turnkey business producing well over $400,000 of cash flow, run by longstanding successful owners who have a lot of freedom and are backed by a great franchisor, this turnkey business won't last for long.

About the Business

Location:
Va Beach, Virginia
Year Established:
2000
Number of Employees:
32
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
9,525
Facilities:
5 highly desirable retail strip shopping center locations plus one conveniently located warehouse/commercial sales/corporate office.
Market Outlook/
Competition:
There are so many profit centers (retail sales, commercial sales, service) that the diversification strongly protects the business from profit erosion.
Growth & Expansion:
Commercial sales has been a huge and continuous avenue for growth.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller and Franchisor will provide.

Listing Info

ID:
1662210
Ad Detail Views:
0
Asking Price:
$1,445,000

Gross Revenue:
$4,100,000
Cash Flow:
$420,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$450,000
not included in asking price

FF&E:
$250,000
included in asking price

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Business Listed by

Ross Weinstein

S. L. Nusbaum Realty Co., Business Brokerage Services

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