Appliance And Lawn Equipment Sales & Service Business For Sale

Business description

This appliance, lawn equipment, auto parts, and wireless phone retailer & service has been in the family since its inception in 1944. Located in the southeastern Kansas town of Iola, Kansas, this business has been a community fixture since the end of World War II. This business known as Western Auto is highly identified for miles around. With the current owners ready to retire, and no available family members left to operate it, they must sadly allow it to transition to a new family. This is good news for a prospective buyer; however, as the business has provided the income to raise and educate many children in multiple generations, and its sales and cash-flow remain extremely strong. Its location has been solidly planted in the county seat of a prosperous southeastern Kansas county. Remaining a strong, viable business for over six decades requires constant adjustments to market demands and fluctuations, which this business has excelled at. They continue to phase products and services in and out to keep up with the times. Very little advertising has been necessary as this business has been a well-known "mom and pop" enterprise with an outstanding reputation throughout the region. Understandably, the owners treat this business like their own child, and they are looking forward to finding that capable entrepreneur, complete with home-town Kansas values, to pass this golden baton onto. This business is priced very well, and the owners are flexible with the terms. Current owner is more than willing to help the new owners make a complete and successful transition. Growth opportunities are numerous. This is the jewel of southeast Kansas!

Property information

Real Estate:

Lease

Lease terms:

rent $742.00 per month

Location:

5625 sq ft

Other information

Support & training:

It is recommended that a new owner either have a background in appliance repair, or be willing to employ someone who does. Owners currently handle the administrative tasks, the service and repairs. Maytag, Whirlpool and other manufacturers offer training to service their equipment, which is highly recommended. Current owners are willing to train.

Reasons for selling:

retiring

Trading hours:

M-Sa 8:30am-5:30pm

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$60,000