Franchise Batteries Retailer with Expansion Territory Right 001177
Long established Franchise Battery Retailer with a large expansion territory in Northwest Dallas is available for acquisition. This business was first established over a decade ago in 2011 by the current owner of the business that holds the license for Expansion Territory Rights for a large area of Northwest Dallas. Expanding the business by another 3 to 4 locations in different cities with higher household income will be extremely beneficial to the further growth of this franchise and the profitability of the business for the new owner. Customers consist of a wide mix of demographics with some corporate accounts around the local area. Marketing is also mostly done by corporate through TV Ads and online marketing with Google Ads being done directly by the owner of the business. The owner of the business operates this business as an owner absentee-run business and additional involvement is needed to acquire new corporate accounts and local b2b customers. Huge opportunities for growth are missed out for this business as the Territory that this business has across Northwest Dallas hasn't been utilized to expand the business for the last decade. New locations can cost $50,000 and will generate much more income without having high maintenance costs for overhead. This business is a prime example of a franchise that can prosper with the right conditions and a potential new owner that is involved in the day-to-day operation of the business to grow its revenue sources.
The current owner has several other businesses, spreading himself too thin to focus on the growth opportunities of this business.
Besides initial and ongoing training provided by the franchisor, the current owner will give transitional support to make the transition as smooth as possible.
Housed in a 1,000 SF retail center anchored by a national grocery chain. This retail center has nearly 100% occupancy with a diverse tenant mix which draws consistent foot traffic to this multi-tenant shopping complex.
There are few competitors within the immediate market area and through online retailers, but this business has a standardized quality in their products that is incomparable to other competitors' quality as well as price point.
Local marketing and online marketing are provided by corporate, but this business needs to expand on their b2b relationship around the local area to truly generate more income. The territory this business was given by corporate allows for the owner to expand their location by 3-4 more locations at a low start-up cost and room for huge potential growth.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.