Business description
Spectacular Master Franchise in the dominant chain of stores in the ink/laser cartridge refill industry! This business has established 40 franchisees in OH and MI in 6.5 years! They have tremendous cash flow and are experiencing year over year growth in revenues for existing stores. Excellent growth characteristics and strong lead flow from franchise headquarters as well as through their own lead channels. Each new franchise store that opens yields approximately 20 K in fees initially! Rare opportunity to purchase a business that has huge passive income streams, is fun, is growing and is recessions resistant.
Chain has 645 stores nationwide! They are by far the dominant player in the reloading industry.Massive national advertising campaign to be launched in the next 18 months as chain expands.
Master franchising is a unique concept in which the Master Franchisee(Area Developer) sells and establishes franchises in their respective exclusive territory(ofetntimes a state of large metro area).For that they typically share 50% of all fees generated by the franchisees: Upfront Franchise Fees-(30 K), training site selection-7.5 K,ongoing royalties 6% of sales etc.
as the untits multiply AND mature the royalty revenue continues to climb.Here the Master receives 50% of all upfront fees which averages 20 K per store, and 60% of 6% which is 3.6% of all sales generated.
Property information
- Location:
- Business is presently situated in a small office in Columbus.It can be relocated without any negative effects whatsoever.
Many master Franchises operate out of a home office since meeting prospects and franchisees occurs at franchised locations not necessarily in an office setting.
- Premises details:
- Small office.
Business Operation
- Expansion potential:
- The Master has established 40 stores in 4.5 years.There is an acceleration that takes place typically with franchised chains as they begin to dominate a market and industry.Combined with a high demand for small businesses due to the softening job market, quality franchise chains are experiencing high inquiries and sales of new units!
OH and MI due to the large populations can handle about 150-200 stores total between the two states.With 40 in existence, 2 new stores opening shortly, the ability is there within the territory ot grow it to roughly 3-5 times its' present size in units and likely 7 times it's size in annual revenues!
Presently 2010 is on pace for 355 K in free cash flow could grow to 2.4 M!
- Competition / Market:
- Essentially none.This chain has 645 locations nationwide, is by far the domainant company in the refill industry.
In Ohio and Michigan and part of KY this Master franchise has the exclusive rights to ALL existing stores,future stores and
their portion of franchise fees,royalties,transfer fees etc.
- Reasons for selling:
- Retirement.
- Trading hours:
- Normal business.9AM-6PM, Monday through Friday.Occasional meetings with prospects on weekends.
- Employees:
- 1
- Years established:
- 2004
Franchise terms
- Franchise opportunity:
- Yes
15 year term.Master receives 60% of 6% royalty revenue.
Other information
- Support & training:
- One month of training with Seller.
- Financing available:
- To be determined.Qualified buyers only!
Numerous parties have expressed interest. SERIOUS INQUIRIES ONLY!
Buyers or first time buyers looking for guarantees please look elsewhere maybe working at the post office as no business can guarantee that.
Financial institutions will collateralize a loan with this or ANY business.
- Furniture / Fixtures value:
- $1,000 (included in the asking price)
- Inventory / Stock value:
- $100 (included in the asking price)
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.