Rapidly growing and very profitable franchis
Location: Texas > Austin
Industry: Retail Stores > Franchise
Financials
Asking Price: $220,000
Gross Revenue: $390,990
Cash Flow: $93,954
Inventory: $17,500 (Included in Asking Price)
FF&E: $20,000 (Included in Asking Price)
Seller Financing: The seller will consider some seller financing for a qualified buyer.
Business Summary
Great opportunity to enter the growing awards industry with this established and rapidly growing franchise. The business is easy to operate, offers favorable hours and earned an adjusted net of $93,954 for a full time working owner. Many opportunities exist to expand sales to the several thousand current customers and to continue the growth of corporate accounts. The franchisor provides excellent support, ongoing development of new and innovative products and does not limit the products the business is able to sell.
About the Business
Year Established: 2004
Employees: 1 full time - 2 part time
Relocatable: Yes
Franchise: Yes
Facilities: The business operates out of a commercial retail center and currently rents 1700 sq feet for a total monthly rent of $2500.00. The buyer will have the option to continue to occupy the same space or consider moving to a light industrial area for future rent savings.
Market Outlook and Competition: The business had sales increases of 26% in 2006 and 43% in 2007 and has a firm foundation to continue to expand. The market for awards and promotion items is competitive; however there is a huge supply of potential customers within the businesses marketing area.
About the Sale
Management Training and Support: The buyer will receive corporate training from the franchisor and hands on training from the seller. A transition plan will be developed to ensure the buyer receives the level of training necessary to ensure their success.
Reason For Selling: The sellers are relocatin
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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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