Fairhope Franchised
Electronics Store
Fairhope, Alabama
Financials
Asking: $145,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $30,000
Inventory: $90,000
Gross: $292,242
Cash Flow: $23,713
Summary Description
This nationally franchised retail operation is one of the best known brands in
America. This particular store has built up an excellent reputation for quality
merchandise and outstanding customer service over the last 15 years in
Fairhope, Alabama.
The store sells a wide variety of electronics including computers
and cell phones. The business is also a dealer for Direct TV and the Dish
Network. The asking price includes approximately $90,000 in current inventory
at cost and approximately $30,000 in furniture, fixtures and equipment. You can
invest in this up-and-running business for much less that you could start a new
store of the same franchise.
The store is located in a high traffic shopping center that
contains some large and well known tenants. The lease, including CAM, is
currently $2,250 per month for the approximately 1,600 square feet location.
The current lease term expires in May, but a new lease is available from the
Landlord who is anxious to keep the store in the center.
The store has been operated since the beginning by an absentee
owner. A new hands-on owner-operator who was involved in the store's daily
operations could make significant improvements in the financial performance of
the business.
Extensive training for the new owner is available from both the
owner and the franchisor. The advantages of investing in this opportunity are
(1) you're in "partnership" with one of the world's best known and
respected brands, (2) you have a large established customer base already spending
money with the business, (3) you have trained staff already in place and (4)
the location is well known and proven advantageous over the past 15 years.
Plus, you get to live and work in Fairhope, Alabama on the Eastern
Shore of Mobile Bay. Fairhope has been featured in many national media outlets
as an ideal community because of its beauty, vibrant economy, lifestyle and
local points of interest. For additional information on Fairhope, please visit
www.FairhopeAlabama.
Contact Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251399035910
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