40-Year-old Appliance Center Priced To Sell
Not Disclosed, IL Dupage County
Far west suburbs
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- RE: 40-Year-old Appliance Center Priced To Sell
- Contact: Jim Beno
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $2,480,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $199,400 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $48,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 979136 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Great opportunity to take over a 40-year-old appliance sales and service center in western suburbs. It has been the go-to appliance store in its city for decades. Annual sales have been consistently around $2.4 million in each of the last three years. If you are looking for an established business with long-term clients, inquire today as the business is aggressively priced. The current owner would like to retire but will stay on to train and transition a new owner. This business has been pre-qualified for SBA financing with only 10% down. The Selling price is $250,000 plus the inventory at cost. Inventory is around $300,000 at cost.
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Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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