Summary
- Asking price:
-
$349,000
- Sales revenue:
- $1m < 5m
- Net profit:
- < $250k
- Years established:
- 45 YEARS
- Employees:
- 5-7 PLUS SUBS
- Relocatable:
- This business can be relocated.
Business description
Well established 45 year old Major Appliance retail store that capitalizes on all aspects of the appliance business including sales service and parts. There is no broker involved. The business is for sale by owner.
Property information
- Real Estate:
- Lease
- Lease terms:
- 5 year lease with 5 year option or immediate re-location if so desired by new owner.
- Location:
- Retail store is located in Pompano Beach between Ft. Lauderdale and West Palm Beach and is located 0n U.S.1 or Federal Hwy.
Other information
- Expansion potential:
- Unlimited expansion especially in the service end of the business.
- Competition / Market:
- There has always been competition within the marketplace but can always compete with pricing based on Buyers group discounts and personalized service.
- Support & training:
- Will offer all support and training necessary to make a smooth transition for new owner. Owner can stay on for a salary to show all the ropes of the business.
- Reasons for selling:
- ready to retire
- Trading hours:
- M-F 9-6 Sat. 9-5 Sun. 12-5
- Furniture / Fixtures value:
- $50,000
- Inventory / Stock value:
- $50,000