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Asking Price$799,000
Revenue$6,565,963 Established1981
Cash Flow$239,930 Employees17 full-time
FF&E$150,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This modern appliance store has customer orders waiting to be delivered that total about $4M in future revenues. The business serves both consumers and contractors in a growing community. Offerings include GE, Kitchenaid, Maytag, Sub Zero, Wolf, Thermador and many others with sales representing about 90% of revenue and service about 10%. Brand new facility built in 2016 consisting of 7,980 square feet which includes 3,500 square feet of modern showroom space and good parking. A second warehouse was also acquired in 2018 adding 1,520 more square feet. Contractor sales vs retail is about 75% to 25%. Business has a good staff including a store manager that affords the owner time away. Seller will sell only business with a lease of the property or both business and property for $3,099,000. Real estate alone is not for sale.
Facilities:New store built in 2016, consisting of 7,980 square feet, 3,500 of which is a modern showroom. Good parking for customers, a superb sales desk and parts counter and of course, full heating and air conditioning. The business also utilizes another 1,520 square foot warehouse in a nearby industrial park. Open 8:30 to 5:30 Monday through Friday and 9:00 to 1:00 on Saturdays. Seller owns the facility and will lease to Buyer.
Ad #133760
Seller Reference #1482-251
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Contact This Seller
Charlie Cole
Cole & Company, Inc.
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