The price is $5MM all-in, which includes 10 Batteries Plus Stores, 5 commercial buildings worth $3.2MM, and $1.5MM of sellable inventory at cost. The business cash flow is $571k, and the property mortgage and taxes paid to the owner are $267k. This is rare to find.
The same owner owns 10 locations throughout NC and SC. 5 buildings for sale as well.
All locations are well established with a strong customer base. Sellers work primarily from a home office. Live and work anywhere within your territories. All key management and employees in place for smooth transition.
All stats below are for all 10 stores combined.
The entire purchase price is tangible assets. Great for lending!
Purchase price allocation:
Business assets: $300,000
Sellable Inventory: $1,500,000
Real Estate (5x): $3,200,000
Be a part of the nation’s largest and fastest-growing battery, light bulb and smartphone/tablet repair franchise with a nationwide network of stores. With access to more than 60,000 types of batteries, bulbs and accessories, this business has the widest selection of products available. They offer unmatched service to consumers, businesses and government entities at the national and local levels.
**There is no room in this price for negotiation and 'creative financing'. Proof of buyer's financial ability required prior to a meeting with the sellers.
