Appliances and Electrical

appliances
Gross Revenue:$9,556,976
EBITDA:$1,600,000
Real Estate:$2,000,000
Inventory:$1,579,434
FF&E:$600,000
Established Year:1950
BUSINESS DESCRIPTION

New England retail store / HQ. Sales, installation, and service of over 40 popular brands of household appliances. Full service electrical contractor with team of licensed journeyman electricians.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
19,236
Employees
31
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 20 field service vehicles. Option to purchase or lease real estate. Value subject to appraisal.
Competition
The market continues to grow. Projecting a 13% increase in FY 23 sales to 10 million and 2 million of EBITDA.
Growth & Expansion
The company has a great reputation that can support additional retail / warehouse locations.
Financing
Seller financing possible.
Support & Training
Owner's will stay on as needed to facilitate an orderly transition.
Reason for Selling
Retirement
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Mike
Maak
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Mike Maak