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Listed by:

Blue Stone Business Group

Paramus Area Retail Parts & Repairs Business For Sale

Bergen County, New Jersey
Asking Price:
$380,000 (USD)
Turnover:
$922,016 (USD)
Net Profit:
$136,000 (USD)

Seller Willing To Carry A Note. Lender Ready. Walk into a top name, highly successful retail/commercial parts business with great sales & cash flow! The business has a huge customer base with sold, consistent business. A great staff of employees makes owning this business a dream and with multiple days of corporate training you will understand the business completely. This is not a difficult business to operate - as you dive into your due diligence you will find that other franchise owners of this brand absolutely love the business and make great money. For all practical purposes this is a niche parts business with a well-defined product line that almost every person in america uses daily, batteries, chargers, lighting, etc. Company repairs laptops, cell phones, smartwatches, tablets, fobs, etc. As well.

HERE IS THE BREAKDOWN:
*Projected 23%* return on your investment! (A good year in the stock market is 5 to 15%)
*This project is lender ready for a qualified buyer.
*These calculations assume a buyer will take over the seller’s full time role in the business.
*Purchase price: $380,000.
*Down payment: $133,000 (35%).
*Debt service per year: $35,961 ( $380,000- $133,000=$247,000 financed) at 8% over 10 years is apprx. $35,961 year.
*Weighted discretionary earnings: $136,000.
*Earnings after debt service = $100,039.
*Take out a $70,000 year salary which will leave you with $30,039 ($100,039-$70,000=$30,039).
*$133,000 / $30,039 = 23% return on your investment!! Try getting that in the stock market year after year.
*So, you can take out of the business about $70,000 a year and still have about $30,000 to do what you wish.

*Sales history: 2015 (889,705) / 2016 (932,755) / 2017(979,401) / 2018 ($922,016).

*Weighted discretionary earnings 40% weighted to 2018 and 30% weighted to 2017 = $136,166.

*Buyers will need a minimum of 35% of purchase price required if using bank financing.

*Buyers will need an additional $50k to $70k in (available) working capital which can probably be secured with the loan.

*This structure is for buyers with good credit, good business background, collateral and verifiable funds. Other requirements may be required, but TBD.

*Important: Don’t take our word for it, you must have your accountant verify all of these calculations and see if they come to the same conclusion BEFORE you put any money at risk. We are confident when your accountant runs the numbers they will come to the same conclusion. Working capital is not calculated into these figures above.

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This organization operates in the large, under-served industries of batteries and light bulbs. The U.S. battery industry is estimated to be $30.7 billion in sales with an annual growth rate of 4.1%, while the U.S. light bulb industry is about $17+ billion with an average growth rate of 5%.They have 560+ franchise locations and 40 corporate stores with no national competitors.

This company has multiple revenue streams to tap into. They cater to retail customers, business to business sales, a national accounts program, an e-commerce site, and an in- house tech center.

Their unique retail business supplies consumers with batteries and light bulbs for cordless tools, razors, cell phones, computers, toothbrushes, pet training devices, specialty LED and CFL bulbs for anything for the home or office. Their commercial customers are utility companies, tool and die controls, the military, aerospace, unlimited opportunities. The in-store tech center provides custom battery applications, testing, and evaluation.

You also have the opportunity to participate in a national accounts sales program and an e-commerce site generating additional revenues.

This business truly caters to the demands of today’s technology and lifestyle. They offer over 45,000 different types of batteries, light bulbs and related products. With the need for battery-powered digital devices, this is an industry that is only going to continue to expand. Light bulb demand is fueled by a growing variety of specialty light bulbs and the transition to energy saving alternatives, such as CFL and LED.

This is a very mature company that has been franchising for over 25 years. You will receive an exclusive ter itory and extensive training and support both at the corporate headquarters and in the field.

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The seller and the franchisor wished us to keep this sale confidential which is why we are not publishing sensitive financial information or the name.

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Non-Disclosure Agreement required. The seller wished us to keep this sale confidential which is why we are not publishing sensitive financial information or the name. All information, data, financials, valuations, appraisals, etc. must be verified with the seller and buyer's own professional advisors, CPA, etc. Gross sales, cash flow stated by seller.

******CONTACT US TODAY. We will provide a quick 3-minute-online NDA via Email within minutes of your inquiry. Check your in-box and junk folders too.

Property information

Location:

Prime location. Modern, very well-maintained. High traffic. High visibility. Trained, well-seasoned staff. Easy access from the street. Plenty of parking.

Business Operation

Expansion Potential:

Implement aggressive marketing. Build relationships in the community. Diversify products/services. Follow the franchise system, marketing. Attend trade shows. Join local business chambers/associations.

Competition / Market:

This organization operates in the large, under-served industries of batteries and light bulbs. The U.S. battery industry is estimated to be $30.7 billion in sales with an annual growth rate of 4.1%, while the U.S. light bulb industry is about $17+ billion with an average growth rate of 5%.They have 560+ franchise locations and 40 corporate stores with no national competitors. This company has multiple revenue streams to tap into. They cater to retail customers, business to business sales, a national accounts program, an e-commerce site, and an in-house tech center. Their unique retail business supplies consumers with batteries and light bulbs for cordless tools, razors, cell phones, computers, toothbrushes, pet training devices, specialty LED and CFL bulbs for anything for the home or office. Their commercial customers are utility companies, tool and die controls, the military, aerospace, unlimited opportunities. The in-store tech center provides custom battery applications, testing, and evaluation. You also have the opportunity to participate in a national accounts sales program and an e-commerce site generating additional revenues. This business truly caters to the demands of today’s technology and lifestyle. They offer over 45,000 different types of batteries, light bulbs and related products. With the need for battery-powered digital devices, this is an industry that is only going to continue to expand. Light bulb demand is fueled by a growing variety of specialty light bulbs and the transition to energy saving alternatives, such as CFL and LED. This is a very mature company that has been franchising for over 25 years. You will receive an exclusive territory and extensive training and support both at the corporate headquarters and in the field.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

No special skills, licenses or technical abilities needed. Extensive training and ongoing support provided by franchisor. Some management and basic sales skills helpful.

Owner financing:
Owner financing is available. Please contact the seller for more information.

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