Retail-Cash-Flow!!
Location: New Jersey
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $149,000
Gross Revenue: $151,000
Gross Revenue Comments: Browing rapidly!
Cash Flow: $45,000
Cash Flow Comments: Growing MONTHLY!!!
Inventory: $4,500 (Included in Asking Price)
FF&E: $49,000 (Included in Asking Price)
Seller Financing: Bank financing can be arranged for qualified buyers.
Business Summary
Seller health forces sale of a beautiful AAA location Cartridge Retail store on major highway in nice area of Essex County.Ample parking, low lease costs,and rapidly growing sales present buyer with opportunity rarely seen in retail/service segment.Great hours,close by 6PM daily,short day Saturday Closed Sunday.A new franchise would cost 200K to replicate!This business is up and running and experiencing 300% increses in sales year over year.Break even is around 8K per month!Business has huge profit margins on refilling ink and laser and fax cartridges at 25%-40% off of Staples pricing.Consumers love it especially with whole families using computers and businesses love it since they are looking for wayds to save money and needless time ordereing expensive cartridges from Staples.Marketing program from Franchisor is strong and growing with 800 stores nationwide!Take advantage of tens of thousands of dollars of start up costs and new business losses in the first months!
About the Business
Year Established: 2007
Employees: 1 full time - 1 part time
Franchise: Yes
Facilities: Gorgeous 1000 plus squre feet of retail and office and work space.Great parking and great turnarounds on major NJ Highway!
Market Outlook and Competition: Competition is not there! Grow business by networking and visting businesses schools etc.Everyone wnats to save money and this saves huge dollars for businesses and townships and schools and hospitals and car dealers etc. NJ State Gov.t has to use recycled/remanufacrured/refilled cartrdiges by LAW!
About the Sale
Management Training and Support: 80 hours traing at no charge from Seller,two weeks required with franchisor at buyer expense.
Reason For Selling: Illness.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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