PRICE REDUCTION - Mobile Tool Distributor

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PRICE REDUCTION -Mobile Tool Distributor
Asking Price:
$125,000

Gross Revenue:
$470,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

**UPDATED 2017 FINANCIALS** This is a terrific opportunity to take over a profitable and established franchise of a mobile tool distribution operator. Within the designated geography north of Boston, there nearly 400 established customer relationships as well as untapped opportunities to expand the customer base. The income to a working owner is nearly $100,000 and the price is less than 1.5X that amount, including the truck!

This earning opportunity is ready and waiting for someone who likes to work independently and thrives on the freedom and flexibility to work for yourself, but not by yourself. Taking over a successful franchise allows the Buyer to be up and running very quickly.

The truck is valued at $40,000. The franchise requires new franchisee to purchase a Starter Tool Kit (approximately $60,000) and the new franchisee may choose between buying or leasing a new computer.

Within the automotive industry, this franchise has excellent brand recognition, a high rating and loyal customers. Independent distributors do not need to spend money marketing the business with local advertising campaigns although they may choose to establish their own webpage. A clean, organized truck and uniform speak for themselves. The tools and equipment have a reputation for quality and price. Excellent customer service and warranties encourage repeat business and referrals.

About the Business

Year Established:
2011
Number of Employees:
1
Franchise:
Yes
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will ride-along and provide training and support
Seller Financing:
This business should qualify for an SBA loan with a 10-20% down payment.

Listing Info

ID:
1524433
Ad Detail Views:
526

Attached Files Attachment Disclaimer

  1548 Mobile Tool Distributor CA.pdf (438 KB)
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Business Listed by

Molly Hanson

BayState Business Brokers

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Sponsoring Broker:

Marc Gudema, CBI
BayState Business Brokers

U.S. Census Data for Essex County, MA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Essex County, MA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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