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- RE: 2800 Retail Appliance Store
- Contact: Timothy Bullard
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $2,985,800 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $225,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $450,000 | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 979921 | |
Broker Reference #: | 2800 |
Business Overview:
In business for 80+ years, this well-established Retail Appliance Store is now on the open market. Current ownership is searching for the right buyer to acquire the operations and continue the company legacy. The business focuses primarily on Appliance Sales, Part Sale, Service, Delivery and Financing. The business has a talented team who are crossed trained allowing for efficiency and flexibility.
This business is well-known for offering Sales and Service of Brand Name Appliances and providing top quality service. The company has many established relationships with top vendors in the industry and has low competition in the surrounding areas of which it serves. Now, current ownership is looking to retire and identify a successor that can grow upon an excellent platform while preserving the legacy and culture that has made this company unique and special.
HIGHLIGHTS:
• In Business for Over 80 Years
• Great Cash-Flow | Inventory Included in Price
• Experienced Staff in Place | Turnkey
• Real Estate is Owned and part of Transaction
• Excellent reputation | Repeat Customers
• Known for Delivering High-Quality Appliances/On-Time
• Seller willing to assist in a Transition Period, if needed.
• Working Capital Included in Asking Price.
• Financing Options Available for Customers
• Good Growth Opportunities Available
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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