Summary
- Asking price:
- $399,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $346,015
- Cash flow:
- $68,116
- Years established:
- 1898
- Employees:
- 2
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Business description
This fine retail hardware and appliance center has been operating in the local area for over 20+ years. This company also offers sales, parts, and service of lawn and garden equipment to their clientele. Please help this business owner retire! The possibilities for a new business owner to grow and expand the profits of this business are huge.
They are the only appliance dealer in town and are authorized dealers of Whirlpool, Cab Cadet, Sthil, Snapper and MTD. This business carries yard equipment such as push and riding mowers, hedge trimmers, chainsaws and weed whackers. They also carry home appliances such as stoves and ovens, freezers, refrigerators and microwaves, as well as washers and dryers. This business is operated in a “hands on” manner with a successful 80% rate of repeating customers & 10% referral customers. Call today for further details.
50% of the primary business activity is selling of lawn equipment. The other 50% is shared equally among appliances and lawn equipment parts.
Property information
- Real Estate:
- Real Property Included
- Location:
- This business is located in the downtown area, ensuring a high volume of potential clients.
- Premises details:
- This wonderful business is housed in 3 historical buildings built in 1923. It is located on a lot size of 100' X 140' (4 lots). The shop is 2000 sq ft, the storage consists of 600 sq ft and there is also an office area of 200 sq ft. They are in a high traffic location with room to expand if a new owner wishes.
- Size in square feet:
- 9050 sq ft
Other information
- Expansion potential:
- A new owner could increase profits by doing appliance services and repairs and also adding a furniture section since there is not one in the town.
- Competition / Market:
- This business is the only appliance dealer in the local area as well as the only authorized service. This fine business has the reputation of treating their customers well, knowing their products and fair prices. They have done print, radio, and television advertising.
- Support & training:
- Owner will stay for a reasonable transition to acclimate new owner to area, business and customers.
- Reasons for selling:
- Retiring
- Trading hours:
- 8am - 5pm , M-F
8am - noon, Sat
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Up to 15%
- Furniture / Fixtures value:
- $5,000 (included in the asking price)
- Inventory / Stock value:
- $250,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.