Business Opportunity

Business Opportunity for Sale
Catylist Listing ID: 30540527
Property Subtypes: Retail Stores
Building Size (RSF): 2,100 SF
Sale Price: $395,000
Name of Establishment: Batteries + Bulbs
Business Website Address: 2240 E. Lohman Suite B
Franchised Business: Yes
Gross Revenue: $0 (Annual)
Cash Flow: $154,000 (Annual)
Last Updated: 8/27/2020

Overview / Comments

Business Description/History
This store is part of the nation’s largest and fastest-growing battery, light bulb and smart-phone/tablet repair franchise with a nationwide network of stores. With access to more than 60,000 types of batteries, light bulbs and accessories, they have the widest selection of battery and light bulb products available. They offer unmatched service to consumers, businesses and government entities. Operating in the same location for over nine years at one of the busiest locations and shopping center within the community. Daily traffic count in front of the store averages 27,709 cars. A consistent and solid performing store with three fulltime employees as well as the owners. The business leases approximately 2,100 square feet with monthly rent at $3,518.00. Landlord will work with Buyer on assignment of current lease or new lease agreement. Hours: Mon-Fri: 8am-8pm, Sat: 8am-7pm, Sun: 10am-5pm.

Investment Overview
The economic outlook for Batteries Plus Bulbs appears to be favorable with the continued population growth within this marketplace. Many demographic experts have targeted this market as one of the faster growing regions in the U.S. during this decade, which bodes well for the business. This business would be an attractive acquisition for a local investor wishing to diversify, an out-of-state company seeking a Southwest presence, or any entrepreneur desiring to purchase an established enterprise with solid growth potential.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Industry Segment: Franchise
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,329 83,637 113,610
Median Age: 32.31 34.43 34.92
Households: 5,804 34,357 45,267

Contact

Photograph of Listing Agent

William C Shattuck

NAI 1st Valley Realty CARNM CIE Member
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