Broker Name:Pete DeVita
Broker Email:pete@newsouthbusinessbrokers.com
Broker Phone:910-262-2113
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Franchise Leader in Direct Mail Advertising- SOLD!
Wilmington, NC (New Hanover, Brunswick & Pender counties)
Listed Price: $ 550,000

Listing DetailsGross Revenue: $ 660,000
Cash Flow: $ 220,000
Reason for Sale:

Owners are retiring after 28 years in the industry.


Training & Support:

Franchisor-sponsored initial training in all aspects of selling the products and running the business. Ongoing training via webinars, off-site conferences and field support.

 


OperationsEmployees: 2
Absentee Owner: No
LocationLease Expire: 0000-00-00
Type of Location: Home Based
Facilities:

Work out of your home and save on overhead.


SummaryBusiness Description:

Husband-and-wife team has taken this franchise to a level unsurpassed in its category, with 2018 showing double-digit increase in profits year over year. A proven business model, it consistently generates 30%-35% profit on annual sales in excess of $650,000. New owner could continue to make an exceptional income and/or grow the business by adding sales rep(s) and expanding the footprint in southeastern NC. Some owner financing may be available to an approved buyer. Owners are retiring but are willing to remain and assist the new owners for one month at no charge, to help with a smooth transition.


Competition:

Franchise is the leader in direct mail in the local marketplace.


Potential Growth:

As southeastern NC grows, so can new owner, through local print sales, regional and national incoming revenue, and full digital platform. Research shows direct mail is the most memorable and preferred marketing available. Franchisor provides ongoing sales incentives to franchisees and customers.

 


Financing/Terms:

SBA lender approved. Some owner financing may be available to an approved buyer.