Business Summary:
This is a great opportunity to own a highly successful 25 year old franchised direct mail advertising business in a very desirable county in Northern NJ. The business also includes mobile applications to reach its loyal customer base. Run from the owner’s home this is perfect for someone who wants a full time job with flexible hours and frequent time off. The current territory includes 60,000 households. There are 100 active accounts with a strong base of repeat customers providing good steady cash flow. Additional revenue is achieved from neighboring Franchisees advertising in the territory. Opportunities exist for a new owner to expand into additional zones and expand client base. This is a turnkey operation with all records of sales, past advertising, client contacts, and a database with prospects included in the sale. Training will be provided by the Franchisor; and the seller will assist the buyer through the transition period including introductions to key accounts. The business has a 4 year average cash flow around $118,000. Franchise requires buyer to pay $7,500 Transfer Fee. Owner is retiring and will consider all reasonable offers. The business is offered at $195,000 with a down payment of $135,000 and the seller will finance the $60,000 balance for qualified buyers. Owner may consider seller financing for qualified buyers. For further information, call Broker Paul Holveck at 908-851-9040 x277.
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