Business Overview

We currently represent industry leaders in their respective industries. They are franchises with tremendous support and training for their franchisees with concepts that are proven in the marketplace and where franchisees are thriving.
This carefully chosen franchise opportunity is:
In-Store Apple Product Sales and Repair Center.
• Focuses on the sale and repair of various Certified Pre-Owned computers, tablets, laptops and mobile phones.
• Focus is on Apple products, but we also accept many other popular brands as well.
• Not only buy and sell devices, but repair of customers’ devices as well.
• Most repairs done while customer waits and browses showroom for potential purchase of accessories, cases, etc.
• Locally
OVERVIEW:
• Total Investment – $170,000 – $175,000 (includes Franchise Fee) (includes Franchise Fee) w/Financing Available.
• $60,000 minimum cash required.
• Franchise Fee – $49,500.
• Royalty Fee – 6% of Gross Revenues.
To find out more-with no cost or obligation- call Bill Kraemer at 612-331-8392 or email bill.kraemer@oibmn.com.
Listing # 1003 b.k.

Financial

  • Asking Price: $170,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

Experimac is fully invested in the success of its franchisees! We offer industry-leading training and support through the life of your business. The success of each individual franchise location fuels the success of the brand as a whole. When the franchise is successful, we are successful.

Established Franchise:

This Business Is An Established Franchise

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. However, the real factor vs the one they tell you may be 2 totally different things. For instance, they may claim "I have too many various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be excuses to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in earnings, or an array of various other factors. This is why it is really important that you not count absolutely on a seller's word, yet instead, use the seller's answer in conjunction with your total due diligence. This will paint an extra reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover points like stock, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that earnings margins are too small. Many companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that need to be met or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in new customers? Many times, operating businesses have repeat clients, which create the core of their day-to-day profits. Particular elements such as new competition sprouting up around the area, roadway building, and also personnel turn over can affect repeat clients as well as negatively influence future profits. One important point to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the greater the opportunity to develop a returning consumer base. A final idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? How might the local average home income impact future earnings potential?