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Cartridge Wold Franchise In Cheshire

Crewe Cheshire
CARTRIDGE WORLD, Cheshire area. An excellent, top performing franchise which has consistently performed well. Owner wishing to emigrate. Asking £137,000. Ref C1236
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72432
ADVERT IMPRESSIONS : 8,233 TIME(S)

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

ASKING PRICE:

£160000

LEASEHOLD:

£160000

ANNUAL RENT:

£9500
 

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BUSINESS DETAILS:

Our client's store opened in 2002 and has been consistently ranked in the top 20% of franchise stores in the UK. With an established customer base, managed day to day by experienced staff.

Why Cartridge World ?
Cartridge World is an award winning international franchised business with over 200 stores operating in the UK. They provide refill and re-manufactured ink-jet and toner cartridges to a wide selection of business customers as well as the general public.

Typical savings seen against the cost of new, manufacturer ink supplies are between 33-50%. Coupled with the environmental aspects of re-use rather than landfill, this is a popular alternative for many businesses and individuals conscious of these Green aspects.

This opportunity therefore provides the chance to invest in one of the best stores in a highly regarded international franchise business.

Property Details: Leasehold
Asking Price: £137,000 + SAV (Leasehold)
Turnover: £206,065 Annual

Location:
The store occupies a prominent position on a busy main road through a major Cheshire town. The corporate colours make it virtually unmissable, even amongst the national chains that surround it.

Premises Details:
The leasehold premises offers a ground floor lock up shop incorporating both retail and operational areas.

Size in Sq Ft: 702

Lease Terms:
A 10 year lease is due to expire in July 2012 but our client has a right to renew. Rent is currently £9,500 p.a.

The landlord has confirmed a willingness to grant a new lease to a new owner (subject to references).

Franchise Terms:
A new 5 year franchise agreement will need to be taken.

Our client will pay the costs of the new licence and training valued at around £19,500. There is then a right to renew for a further 15 years, without additional charge to the new owner.

On an ongoing basis Cartridge World charges between 3-6% of turnover depending on the service or product provided.

Reason For Selling:
Our client wishes to emigrate.
   
  FOR SALE
   

REFERENCE:

C1236 / RightBiz
   
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