Retail Store Must Sell In 30 Days For Sale

Business description

Seller health forces sale of beautiful,rapidly growing Cartridge Refill store on major highway in nice area of Essex County.Ample parking, low lease costs, and rapidly growing sales present buyer with opportunity rarely seen in retail/service segment.Great hours, close by 6PM daily, shorter day Saturday.Closed Sundays. Brand new franchise would cost 200K to replicate.This bsuiness is up and running and sales are growing over 10% per month! Business has huge margins by refilling on premises or buying wholesale of remanufactured guaranteed catridges or new ones from Franchisor. Strong marketing program by Franchisor in place. Take advantage of tens of thousands of dollars in set up costs, start up monies and buy a booming business!

Franchise terms

15 year term. 6% royalty on sales plus 2% for advertising.Comapny is about to commence massive radio advertising on 1010 WINS AM.They expect huge inquiries from the listener base as 1010 AM has grown dramatically over the years with listeners wanting quick concise news,weather,traffic and sports updates!

Property information

Location:

Gorgeous franchise store in AAA loaction on major highway.Franchise is #1 in segment and has 800 locations nationwide! Clean bright facility in high margin booming cartridge refill business both ink and laserjet.Green friendly business with corporate clients and residential.

Premises details:

Well illuminated spacious retail store on major highway with great turnarounds.
Nice office within store situated behind the counter with good view if sales floor and refill area.

Other information

Expansion potential:

Huge growth possibilites! NJ requires ALL Government facilities to use recycled/remanufactured cartridges and public strongly wants this in addition to 50% savings when using refurbished cartridges.Company can refill as you wait but specializes in bigger corporate accounts and ships sizeable orders or delivers to all sorts of users.Every computer printer both laser or inkjet is a customer for this fabulous business.!

Competition / Market:

Minimal.Business offers cartridges at 50% below staples and other poor service big box retailers. Great accounts.Seller health plus small children,does not allow following up promptly with custoemrs.

Support & training:

80 hours from seller and two weeks required at Franchise headquarters in California.

Reasons for selling:

Health

Trading hours:

10-6 M-Friday. Short day Saturday.Closed Sundays and most Holidays!

Financing available:

Bank for qualified individuals

Furniture / Fixtures value:

$49,000 (included in the asking price)

Inventory / Stock value:

$4,500