Successful Appliance Sales & Service

Pennsylvania

Seller Financing Available

Asking Price:	$199,000
Gross Revenue:	$609,754
FF&E:	$26,486

Cash Flow:	$126,233
Inventory:	$61,530
Established Year:	1955

Listing ID: 2262568Listing provided by BizBuySell

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.

DETAILED INFORMATION

Location

Relocatable

Inventory

Included in asking price

Real Estate

Leased

Building SF

3,700

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

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.

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.

Growth & Expansion

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.

Financing

$159,200 down/$39,800 over 36 mos. @ 8%.

Support & Training

Will train for 4 weeks @ $0 cost.

Reason for Selling

Retirement.

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