This is a niche B2B retail franchise with an excellent, high traffic location with significant walk in business and repeat customers. We save businesses money on products that they are already buying. There is a stable customer base with minimal customer concentration and strong repeat and recurring revenue. Revenue is stable throughout the year with low seasonality. Gross margins are high with low to moderate fixed expenses.
This is an established industry with fragmented competition. There are few direct competitors in the local area. This business is the dominant competitor in the industry.
There is a long-term lease with a one 5 year option to renew. All equipment is owned and in excellent condition; no equipment is leased or on loan. The business operates with a small number of hourly employees. The employees are well-trained and turnover is low. This is a proven business model with hundreds of locations. Most retail businesses maintain a high level of inventory, however, this Finished Goods business maintains a low amount of inventory relative to other successful retail establishments and achieves increased profits and return on investment from its high level of 13 to 14 inventory turns per year.
No related experience is required. The ideal buyer has a strong management, sales or marketing background. Full training and long-term support is available. A new owner, at their discretion, is not required to work full time or weekends.
***Please look for an email titled ''Morgan & Westfield -'' Niche B2B Retail Franchise - REDUCED FOR QUICK SALE'' after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement.***