Profitable Appliance Sales & Service Company

  • Annual Gross Sales: $ 7 figures
  • Seller’s Earnings: $ 6 figures
  • Value of Furniture, fixtures and Equipment: $86,000
  • Inventory: $170,000
  • Listed Price: $425,000

 

Business Description

  • Great opportunity to own a profitable appliance sales & service business that successfully competes with the big box stores.
  • This long-standing company generates 7-figure revenue and 6-figure Seller’s Discretionary Earnings
  • Long-time relationships with college town rental property owners and managers
  • Buyer may purchase business and real estate or business alone with a long term lease
  • Real Estate may not be sold separately until business sells with lease in place or moves
  • Real Estate to sell for an additional $425,000

General Information

  • Facilities: 6,770 square foot showroom, office, parts & service area, and warehouse
  • FF&E includes displays, fixtures, office furniture, and vehicles
  • Employees in place: 8
  • Plenty of parking on site

Growth opportunities

  • The servicing of appliances can be expanded
  • New owner can increase sales to investment property owners
  • If Buyer purchases real estate there are development opportunities on the site

Other information

  • the building is located on a half-acre parcel zoned CL (Commercial Limited) which allows for additional uses.
  • Inventory system tied in to the POS