40-Year-old Appliance Center priced to sell

DuPage County, IL
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Asking Price:$250,000
Gross Revenue:$2,480,000
FF&E:$48,000
Cash Flow:$199,400
Inventory:$300,000
BUSINESS DESCRIPTION

Great opportunity to take over a 40-year-old appliance sales and service center in western suburbs. It has been the go-to appliance store in its city for decades. Annual sales have been consistently around $2.4 million in each of the last three years. If you are looking for an established business with long-term clients, inquire today as the business is aggressively priced. The current owner would like to retire but will stay on to train and transition a new owner. This business has been pre-qualified for SBA financing with only 10% down. Asking price is $250,000 plus inventory at cost.


DETAILED INFORMATION
Location
DuPage County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Owner will stay short-term to ensure a smooth transition.
Reason for Selling
Owner would like to retire
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Tom
Prince
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Tom Prince