Southern Maine Appliance Sales, Installation & Service

Maine
Kitchen with StovesSave

Find More Business with Asking Prices Between $500K and $1M

Asking Price$995,000
Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed
Gross Revenue$2,400,000
Inventory$300,000
Not included in asking price
FF&E$100,000
Included in asking price
Kitchen with StovesSave

Southern Maine Appliance Sales, Installation & Service

Maine
Asking Price$995,000
Cash Flow
$400,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed
Gross Revenue$2,400,000
Inventory$300,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
Step into a lucrative opportunity with a well-established home appliance retailer. Located in Southern Maine, this business has a stellar reputation for quality products and exceptional customer service. The business carries exclusive brands catering to various styles and budgets. Benefit from a high visibility storefront in a bustling area, and dominant market position.
About the Business
Years in Operation
21
Number of Employees
8
Facilities & Assets
The business occupies a 4,000 square-foot building located on a busy thoroughfare in Southern Maine.
Market Outlook / Competition
The home appliance business has territorial exclusivity to top suppliers and products ensuring competitive advantage. The business is well respected within the community, with strong local ties to area builders and repeat customers.
Opportunities for Growth
The business' location and strong brand image have built a loyal customer base. This retailer has a unique and profitable niche in a quality product line. It serves a desirable geographic area, and is well positioned with excellent growth opportunities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$6,250.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will provide transition training for a new owner.
Financing Options
Anticipated bank financing of $745k. Working capital needed $100K.
Listing Info
ID
2244434
Listing Views
1180

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Business Listed by: Brian Hanson Maine Business Brokers
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Listing ID: 2244434 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.
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