| PROFILE: Corporate Decision To Sell Off Company Owned Ziebart Store. Priced To Sell. |
| Status: |
Available |
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| State: |
New York |
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| Location: |
Albany |
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| County: |
Albany |
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| City: |
Albany |
|
| Primary Category: |
Retail Related |
|
| Alternate Category: |
None Given |
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| USABizMart Ad #: |
116743 |
|
| Seller Or Contact: |
Michael Greengard |
|
| Primary Phone: |
616-975-0172 |
|
| Alternate Phone: |
None Given |
|
| Email Address: |
See Form Below |
|
| Date Ad Started: |
10/9/08 |
|
| Date Ad Last Revised: |
10/9/08 |
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|
| Asking Price: |
$100,000 |
|
| Down Payment: |
$100,000 |
|
| Annual Revenue: |
$625,000 |
|
| Annual Adjusted Net: |
$40,000 |
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| Franchise: |
Yes |
|
| Relocatable: |
No |
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| Home Based: |
No |
|
| Lifestyle: |
No |
|
| Real Estate Included: |
No |
|
| Bkr To Bkr Cooperation: |
Call |
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|
DESCRIPTION: The New Board Of Directors At Ziebart International Has Decided That After 27 Years Of Corporate Ownership, The Albany, N.Y. Corporate Location Is Just Too Far From The Troy, Michigan Corporate Headquarters And As Such Wants To Sell The Store To A New, Incoming Franchisee. To Get The Perfect Owner/Operator The Corporation Has Value Priced The Store At Only $100,000 Plus Approximately $38,000 Of Inventory.
The Location Has Recorded Revenues Between $600,000 And $800,000 Each Of The Last Four Years With The Annual Cash Flow Ranging From A Low Of $25,000 To A High Of $100,000. Given The Modest $100,000 Listing Price, This Business Opportunity Represents An Extraordinary Opportunity For An Owner/Operator.
To Make It Easy For The Right Person To Enter The Ziebart Franchise Family, Corporate Will Waive The $25,000 Franchise Fee And Offer Financing On The Inventory Portion Of The Purchase. In Addition, $88,000 Of Equipment (Original Cost) Is Included In The Selling Price.
This Very Attractive Business Is Located In A Perfectly Sized 5100 Square Foot Facility With Annual Rent Of Less Than $40,000 Which Represents Only About 6% Of Sales. One Part Time And Five Full Time Employees Are Very Both Loyal And Experienced With An Average Tenure Of Nearly Eight Years.
Ziebart Corporate, With Some 450 Franchises Around The World Has Been Franchising Successfully For Over 40 Years. With New Products And Services Added Yearly, The Current Menu Of Profit Centers Is Impressive. |
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