Successful Appliance Sales & Service

Asking Price$185,000

Cash Flow
$155,809
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$620,944

Inventory$61,530
Included in asking price
FF&E$26,486
Included in asking price
listing imageSave

Successful Appliance Sales & Service


Asking Price$185,000

Cash Flow
$155,809
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$620,944

Inventory$61,530
Included in asking price
FF&E$26,486
Included in asking price

Seller Financing Available
Business Description
Wonderful opportunity for profits and potential sales growth for a well-established and highly respected appliance retailer. This business is well-known and respected within the geographic community, and sells and services a broad range of brands, such as Whirlpool corporate brands, Maytag, Amana, KitchenAid and Fridgidaire. It is a part of two buying groups to purchase appliances in order to offer buying power, marketing services including digital and online marketing, and industry knowledge and updates. Appliances are sold to consumers with delivery services within an established geographic territory, and there is a strong relationship with a local healthcare/independent living facility for additional sales. Inventory and equipment are included within the purchase opportunity. Floor plan for financing for selected inventory may be available.
About the Business
Years in Operation
70
Currently Relocatable
Yes
Facilities & Assets
Business real estate and storefront are highly visible along the main street of the community it serves. The real estate may be considered for purchase separate from the business assets. Additional revenue is generated through apartments currently occupied with the potential of an additional unit to be considered. The real estate also includes storage with a detached warehouse on premises.
Market Outlook / Competition
This is a local, well-respected appliance business. Like other appliance retailers, the Business is faced with large box stores that may offer price competition, but not local personality for customer service, delivery, or repair options available with this business. For the right buyer, there is significant potential to develop additional sales and profits.
Opportunities for Growth
This business is well-established and highly respected within its market area. There is a strong potential for growth based on new direction, marketing, potentially a new look at how to face the competition of buyer habits and desires. Part of the growth could be maintaining and stressing "locally owned with sales and service beyond larger retailers." This business has a history and a reputation of high integrity and caring for customers and community.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,700
About the Sale
Seller Motivation
Retirement.
Transition Support
Will train for 4 weeks @ $0 cost.
Financing Options
$148K down/$37K over 36 mos. @ 8%.
Listing Info
ID
2262568
Listing Views
858

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Robb Keith Murphy Business & Financial Corporation

Listing ID: 2262568 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.