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Franchised Ink and Toner Refill - Raleigh
NCListing DetailsOffice ID: REFILL5
Status: Expired
Listing Broker: Jeff Snell, M&AMI, CBI, ABI
Listing Price: $89,000
Gross Revenue: $239,168
Cash Flow: $53,617
Inventory: $14,000
Inventory Included: Yes
FF&E: $13,410
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Seller will participate in SBA mandated seller financing.
Reason for Sale:
True retirement.
Seller will provide up to 80 hours of transition support within 90 days of closing.
OperationsYear Established: 2007
Form of Ownership: S Corp
Employees (full-time): 2
Employees (part-time): 1
Managers: 1
Business Hours: M-TH 10-6; F 10-5; S 10-2
Business Description:
This locally-owned franchise retailer provides renewable ink and toner products to businesses and consumer end-users providing a high- quality alternative to expensive OEM replacements. Profit margins are extremely high. Franchise transfer fee of $10,000 and buyer training fees of $8,000 to be paid by buyer if not waived by franchisor. This business is not owned by the same owners as the other ink and toner franchise listed by ENLIGN.
Historical Summary:
This national franchise location was opened in 2007.
Owner Qualifications:
General retail experience.
Potential Growth:
Add part-time outside sales people with hourly and commission incentives. This business should be owner operated to maximize profitability.
LocationType of Location: Strip Center
Option: none
Monthly Rent: $2,717
Square Footage: 1200
1,200 square feet in updated shopping center on high traffic count corridor. Adequate lot parking.
Royalty %: 7%
Franchise Transfer Fee: $10,000
--Paid By: Buyer
Training Fee: $8,000
--Paid By: Buyer
Last Updated: Dec 18, 2017 / 11:53 AM
Financial Information Current as of: Feb 2, 2017 / 6:27 PM