Appliance & Furniture Store For Sale

Business description

This retail furniture and appliance store was founded in 2004, and has no local competition. There are no special licenses required for operation. There a profitable sister business that is being ran by a great business manager in a larger nearby community that is part of this fine offering.
Currently, 50% of total revenues are generated from appliance sales. Furniture sales account for 45% of revenues, and the remaining 5% stems from video rental/sales and electronic sales. They are an authorized dealer for Crosley, Frigidaire and LG. This store has been run in a “hands on” manner and should remain as such. The owner has agreed to stay on for a short time after the sale to ensure a smooth transition. This business is a great oppertunity for a serious buyer and it has a lot of potential still, please request information today!
Video rental/sales & Electronic Sales 5%; Furniture Sales 45%; Appliance Sales 50%

Property information

Real Estate:

Real Property Included

Premises details:

This listing includes 3 buildings totaling 12,750 sq ft. They were built in the early 1900’s and could stand some improvements. One of the buildings has a 4’ deep exercise pool that needs minor repairs, and another building has a basement. The business cannot be relocated; however it can be expanded at the current site. Downtown city street frontage with good visibility and high traffic make this location great for this business! The 2nd sister business is located 30 miles away and the property is leased

Business Operation

Expansion potential:

There is room for expansion at the current site. Growth and expansion can be obtained through increased advertising, increasing the RTO program and re-opening the pool area for exercise groups and parties. The new owner could expand the home theater offerings as well. Adding in-house appliance and TV repair for the public is an additional profit center that could also increase revenues.

Competition / Market:

There is no competition in the area. This great business has competitive prices and hometown service and they offer delivery, customers are more than happy to come back when ever it's time for a room change.

Reasons for selling:

Retirement

Trading hours:

Monday - Friday
9-5

Employees:

1 full-time, 2 part-time

Years established:

2004

Other information

Support & training:

Owner agrees to stay through a reasonable transition period.

Financing available:

There is no owner financing available.

Furniture / Fixtures value:

$10,000 (included in the asking price)

Website:

www.intlag.com/