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Asking Price$595,000
Revenue$561,100 Established1971
Cash Flow$181,000 Employees3 full, 1 part
FF&E$50,000* FranchiseNo
Inventory$100,000* RelocatableNo
Real Estate$260,000* Home-basedNo
* Included in Asking Price
This is a 43 year old retail appliance sales and service business located in the beautiful Shenandoah Valley in Luray, VA. We are an exclusive Whirlpool, Maytag, Amana, Kitchen Aid dealer. We also sell parts for all brands and are the only commercial and residential appliance service company in our county. Our established client base is approximately 5000 homes and 15 commercial establishments which include the following: county schools, jail, town of Luray and town of Stanley municipal buildings. We are interested in selling the sales and service business, the 5632 square foot building which is two stories with an elevator and loading dock, as well as the inventory.
Facilities:We have 2816 sq ft per floor with elevator and tractor trailer loading dock.On the ground floor: 32x55 show room displaying new appliances,a parts room, an office, and restroom. There is 32x23 repair shop and used appliance sales area. Basement 32x88 warehouse plus new HE heat pump.
Competition:We are the only sales and service appliance store in a 40 mile radius of our store. Through the years there have been start up business that have failed. Our business history shows success and is the first choice for local consumers due to our professional service and reliability.
Growth Potential:This area is an open field for growth in the fields of plumbing ,electrical, service contracts,heating, and cooling. There are endless opportunities for future growth.Our customer base has been loyal.
Training/Support:I will help any way I can to make a successful transition. I'm flexible and will work with the new owners to promote the business in a positive way.
Seller Financing:Anything is negotiable. I'm open to discussing serious offers.
Sale Reason:I would like to retire.
Ad #62124
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Grayson Markowitz
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