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Master Franchise Ownership Opportunity
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $5900000
Net Profit / Cash Flow $257000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1900
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Negotiable.
Reason for Sale Not disclosed.
Description The Company is a Master Franchisor for the state of New Jersey. From inception, only nine years ago, they have established over 33 new franchises sold within New Jersey and an additional 6 franchises in upstate NY. The franchises specialize in the sale of refilled and remanufactured inkjet and laser cartridges for computer printers at a significant discount off of new retail pricing.
Asking Price $1,550,000.00 Revenues $5,900,000.00 Cash Flow $257,000.00
Due to the acquisition of a new franchise, the cash flow, revenues and Asking price have increased accordingly. Please contact us for additional details.
The Company is selling the entire regions of New Jersey and upstate NY. Management estimates that an additional 30-50 stores could be developed in New Jersey and 20-40 stores in upstate NY very easily. Presently there are 33 stores operating in New Jersey contributing a passive revenue stream to the seller of 16-18 K per month and growing! There are 6 stores in upstate NY and they bring the seller approximately 3 K per month in royalty fees and growing!
This is the MAIN franchise in the chain or the Master franchisor therefore the seller DOES NOT own the store but better, collects 60% of the 6% monthly royalties on 33 stores in NJ and 6 in NY. He also gets half of $40,000 for every new franchise sold from the upfront royalty fee.
This is a Franchise that was established many years ago in Australia. The company is, by far, the dominant player in the cartridge refill industry.
Sales for the listing were derived from the following: Franchise fees of $40,000 + site selection fee of $2500 +
Pre opening training fee of $1000 = $43,500 per store of which the Master keeps $23,500.
Selling Narrative The Company is a Master Franchise for the state of New Jersey.
Click Here To Contact Seller
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