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Business For Sale
APPLIANCE/ELECTRONICS DEALER
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Asking Price: |
$300,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Electronics, Tech., Cell Phones
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Reason for Selling:
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Relocation. |
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Year Established:
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2001 |
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# of Employees:
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7 |
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Yearly Revenues:
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$291,602 |
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Yearly EBITDA:
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$52,723 |
Business for Sale Overview:
Just Reduced!! In recent years, the Sears Corporation has begun to branch out into smaller retail markets across the United States by establishing retail relationships with individual business owners that operate under the Sears name brand. This concept allows a business to sell some of America’s best known products such as Kenmore, Craftsman and other Sears’s brands from a much more compact retail setting. The Sears Corporation retains ownership of the inventory supplied to the store and the business owners generate a percentage commission based on the type of product that is sold. The business owner is responsible for providing the building from which the store operates, hiring and managing the staff of employees and managing the inventory in cooperation with the Sears district managers. In summary, the business owner is an independent business owner with the backing of the Sears name brand. This particular store is well established and has developed a steady customer base within its local community. From the customer’s perspective, he is able to enjoy the wide selection of Sears’s products without traveling to a larger city and shopping a Sears owned store which is typically found in a shopping mall setting. The Sears authorized dealer concept also has a service component to it which allows the customer to experience the high level of product service and satisfaction which has been a long standing hallmark of the Sears brand.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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