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Franchised Eastern North Carolina Coupon Mailer Business
(Marketing)
NCListing DetailsOffice ID: DM1
Status: Sold
Listing Broker: John M. O’Connor MFA, CRW, CCM, ABI
Listing Price: $160,000
Gross Revenue: $364,496
Cash Flow: $70,215
12 Month Forecast: $370,000
Forecasted Cash Flow: $84,258
FF&E Included: Yes
Sale Price: $125,000
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:
Seller will provide a portion of financing as required by commercial lender and SBA guidelines.
Home Based: Yes
Reason for Sale:
Primary owner will be taking a corporate position.
Training:
The current owners will provide transition assistance. The franchisor provides full training.
OperationsYear Established: 2010
Last Acquired: 2013
Form of Ownership: S Corp
Employees (part-time): 2
Business Hours: 9-5
Summary
Business Description:
This franchise offers local businesses an unprecedented opportunity to grow with the company and the company itself has been running continuously since 1994 in this highly desirable area. The company focuses on local neighborhoods to effectively advertise to prospective customers directly within their area. The company offers digital advertising products and a national name-brand recognition. The innovative franchise leads in offering advertising ROI tools and digital advertising products.
Historical Summary:
The parent company has been in business for over 40 years. This business has been in business for two.
Owner Qualifications:
The new owner does not have to have a sales background. This business works best for someone with a hunter mentality for sales and experience base in advertising, sales and/or marketing.
Competition:
In this business/advertising category the franchise carries a positive, long-term name recognition and reputation.
Potential Growth:
This destination area has grown and will continue to grow as North Carolina's economy continues to thrive.
LocationType of Location: Mobile
Square Footage: 300
Facilities:
There is no need for inventory or any need to lease space. The business can be run out of the home and on the road locally with a computer, Internet connection and from the automobile/mobile for local territory.
Last Updated: Oct 8, 2015 / 2:51 PM
Financial Information Current as of: Jun 1, 2015 / 11:25 AM