Listing Number: 041621-497123
Description
Step into ownership of a highly reputable and long-standing battery retail store, a staple in the community for 10+ years. This thriving business specializes in a wide array of batteries, catering to both small and large-scale needs. From emergency lighting systems to automotive batteries, this store has become the go-to destination for all battery-related requirements.
The business brings consistent revenues in excess of $1,500,000 with strong net cash flow margins. All of this comes out of a 1,000 square foot retail space within a strip mall(!!) The business has a sterling reputation in the battery industry as shown by customer reviews and the immense customer base in both retail (35%) and commercial accounts that make up 65% of the total client base. The owner is looking to retire, but is willing to help with a smooth transition. This is a very resilient industry and a must see opportunity for anyone looking in this category!
Listing Details
- Price: $ 600,000
- Down Payment: $300,000
- Sellers Discretionary Earnings: $ 186,347
- Total Sales: $ 1,615,762
- Location: Cook County, Illinois
- Inventory: $ 0
- FF&E: $ 0
- Employees: 3
- Year Established: 2012
- Reason for Selling: Retirement
- Category: Retail Miscellaneous