Business description
This is a very profitable and well established, Company. The Owner of this business is a franchisee of an international franchise organization, wherein he has two separate retail - service locations, engaged in the toner cartridge remanufacturing and refilling business. The Company provides its clients with a convenient, efficient and cost effective way of meeting the demands of varied printer consumables. The Company plays a significant environmental role and may be construed as a "green company" since its recycling activities helps keeps empty cartridges out of landfills. The diversification of the Company's clientele is a significant strength. The largest client for the past two years comprised less than 5% of the gross revenue. Additionally, the Company's clientele is comprised of customers from many different industry sectors. The Company's revenue has grown each year since its inception, without fail, despite a challenging overall economy. The Seller believes there are opportunities to continue to grow the Company within its current niche, and by expanding to other profit centers.
Property information
- Real Estate:
- Lease
- Lease terms:
- Lease expires in 2014, however, there is a 5 year option to extend.
- Location:
- Excellent storefront locations (two) in an affluent area of the metro area, in close proximity to numerous existing Clientele and prospective Clientele.
- Premises details:
- Each location has approximately 1,200 square feet of space, including customer sales area and production area. The space is professional, well maintained, inviting and clean.
Business Operation
- Expansion potential:
- There are significant opportunities to grow the subject business, throughout the Phoenix Metropolitan area, more specifically, in the Northeast sector. The implementation of a consistent markting plan should enhance revenue and earnings. Additionally, the addition of another "profit center", specifically, a printer repair center should enhance revenue and earnings.
- Competition / Market:
- The business stands up very well against competition. This is a testament to their cultural-company philosophy and attitude which is - "Do it right the first time". Their professionalism, expertise and solutions oriented philosophy comprises the "essence" of the Company's objective, making their clientele happy so they come back, again and again.
- Reasons for selling:
- Other interests and probable relocation.
- Trading hours:
- Monday - Saturday, business hours.
- Employees:
- 6
- Years established:
- 2004
Franchise terms
- Franchise opportunity:
- Yes
The buyer will need to attend a training program with the franchisor. Also, the franchisor will need to approve of the buyer's financial creditworthiness and the buyer's business experience to operate, efficiently, the business.
Other information
- Support & training:
- The Owner is happy to help educate, familiarize and transition his knowledge about the business to the buyer to ensure a seamless transition. The time frame for such transition is open to discussion.
- Furniture / Fixtures value:
- $90,000
- Inventory / Stock value:
- $35,000 (included in the asking price)