Established Major Household Appliance Reseller
Business Description
For sale is a turn-key reseller of major household appliances, established in 1996, located in the Louisville, KY region. This business boasts abundant low-cost inventory and high sales multiples on the cost of goods sold. Key employees are in place, allowing the business to operate smoothly.
Current year gross revenue is projected to be approximately $1,550,000, with EBITDA exceeding $500,000, excluding the owner's salary of $75,000. The sale includes real estate, a retail sales center, with the business currently paying $10,500 per month in rent. The real estate is valued at $1,600,000, along with an additional rented facility.
This opportunity features a growing business with a reputable brand name, excellent loyal employees, and significant opportunities for growth.
Current year gross revenue is projected to be approximately $1,550,000, with EBITDA exceeding $500,000, excluding the owner's salary of $75,000. The sale includes real estate, a retail sales center, with the business currently paying $10,500 per month in rent. The real estate is valued at $1,600,000, along with an additional rented facility.
This opportunity features a growing business with a reputable brand name, excellent loyal employees, and significant opportunities for growth.
About the Business
- Years in Operation
- 29
- Employees
- 12 (6 Full-time, 4 Part-time, 2 Contractors)
- Facilities & Assets
- The primary retail building is owned, there is an off site storage location that is leased.
- Market Outlook / Competition
- There are smaller businesses in this market.
- Opportunities for Growth
- Unlimited growth and expansion in sale of warranties, expanding the footprint by adding new locations.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 8,000
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller will assist with support and training during transition.
Listing Info
- ID
- 2434075
- Listing Views
Listing ID: 2434075 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleKentucky Businesses for SaleKentucky Home & Office Furniture Businesses for SaleKentucky Home Furniture Retailing Businesses for Sale
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