Profitable Appliance Outlet With Retail Space
Glendora, CA Los Angeles County
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- RE: Profitable Appliance Outlet With Retail Space
- Contact: Aaron Pfeffer
- License #: 01781265
Quick Facts
| Asking Price: | $1,695,000 | |
| Annual Revenue: | $2,796,723 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $609,552 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $41,345 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 3 | |
| BBN Listing #: | 953130 | |
| Broker Reference #: | 130-23562 |
Business Overview:
Boasting a massive retail space in an incredible location, this profitable appliance outlet is ripe for a new operator eager for cash flow. All inventory will be included at close of escrow, and all necessary introductions to continue curating relationships for acquiring inventory will also be part of the sale. This business is perfect for someone who already has an idea how wholesale/retail good sales work, as well as someone with a strong interest in selling larger ticket items. Over the past few years, the current owners pared down the focus of the business into just one profitable location, and now they are moving on to pursue other business interests, to your benefit! Besides plenty of open box inventory, the current owners have also recently opened relationships with big named brands already being sold in store and online. The e-commerce component to the business is set up for further success, and the already hundreds of Google/Yelp reviews are pristine. Seller states this is an easy business to run, with attractive margins, and plenty of room to scale up further. General Manage yourself or operate as an Absentee owner. Either way, inquire now and see the attractive SDE for yourself!
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Property Features and Assets:
This business has a leased location of 13,700 square feet with a total monthly rental of $33,934. The seller is active in business with 3 Full Time employees. Hours of operation are 10am - 7pm / 10am - 6:30pm, Monday - Saturday / Sunday. Included in asking price are $644,650 in inventory, $41,345 in equipment and fixtures, $187,852 in A/R, and $8,389 in leasehold improvements.
Reason for Selling:
Partners are Pursuing Other Business InterestsAdditional 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
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