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Cartridge World Franchise In Sheldon West Midlands

Sheldon West Midlands
Cartridge World Franchise in Sheldon West Midlands
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 71409
ADVERT IMPRESSIONS : 6,972 TIME(S)

 
BUSINESS SECTOR: Franchise Resales
TRADE TYPE: Retail Resales
SALE: Agent Sale

ASKING PRICE:

£84950
 

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BUSINESS DETAILS:

Intelligent Business Transfer Ltd are pleased to offer to the market this fantastic Cartridge Refill Franchise which would be an ideal purchase for any serious business person.
Cartridge World is one of the UK’s leading and most successful franchise businesses. With over 200 successful business franchises in the UK and over 1,600 franchisees worldwide this is a great opportunity to join a proven and successful business model.
Arguably this CW store has not met his true potential. It is felt by CW head office that this particular franchise has fantastic growth potential. In place it already has a steady turnover of Approx £117,000 PA for 2011 & £130,000 PA for 2010. The business operates on a 75% gross profit and enjoys net profit margins of around 28% based on £27K Net Profit + £12K salary. The business is split 80% retail and 20% business to business (B2B). With approximately 50 B2B contracts. In such an area with plenty of businesses it is expected that this can be grown significantly with a solid marketing campaign directly targeting the B2B market.
By becoming part of CW you will be provided with a comprehensive training scheme and ongoing franchise support.Cartridge World are the leading provider of low cost, high quality inkjet and laser toner printer cartridges and offer huge savings compared to all of the printer manufacturer brands. CW ink and toner cartridges are proven to match the quality and performance of the manufacturer originals, the only difference is the cost is a lot less making the product so much more appealing to the customer.
As part of the franchise full training will be provided. The training comprises of three weeks residential at the Harrogate training centre, covering ink filling, laser toner remanufacturing and CW business model and software.
The business is currently ran by the franchisee who runs all aspects of the business. In order to achieve its tremendous full potential at least a another supporting member of staff would be ideal in order for the franchisee to concentrate on the B2B Market as well as grow the retail side.
The store has been earmarked for a full re-fit by CW head office and it is recommended a full marketing strategy to be put in place.Cartridge World stores utilises the very latest technology available, employing the FULL Cartridge World production methodology and equipment in support of the manufacturing areas with fully integrated EMS functionality supporting both the front of desk operation and back office function. CW Sheldon has been identified by the head office for a full refit.
CW franchise includes a fully supported CRM (customer relationship management) software system provided by Sage providing effective prospecting and farming of current customers and future prospects.
As aforementioned the B2B sales has huge potential growth. The most successful CW stores are very successful within the B2B market and a good revenue stream is generated from this. With only 20% revenue from B2B there is huge potential.The sale price includes the extensive goodwill built up since inception as well as the excellent fittings within the business.
The business would be ideal for an enthusiastic and driven buyer or partnership who can maximise the potential available as well as build on the already solid foundations.
Viewing is essential.
Offers in the region of £84,950 + SAV
PLEASE NOTE THERE IS AN ADDITIONAL FRANCHISE & TRAINING FEE
   
  FOR SALE
   

REFERENCE:

0629 / RightBiz
   
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