Profitable, Well-Established Home Appliance Center
Not Disclosed, MN Not Disclosed
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- RE: Profitable, Well-Established Home Appliance Center
- Contact: Jim Underwood
Quick Facts
| Asking Price: | $385,000 | |
| Annual Revenue: | $1,538,362 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $187,412 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $226,438 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 6 | |
| BBN Listing #: | 569428483 | |
| Broker Reference #: | 11620 JU |
Business Overview:
Profitable Home Appliance Center which has been the heart of this Northern Minnesota Community for over 40 years. Well-trained staff in place for customers desiring new indoor or outdoor appliances. This business is only available due owners are retiring. You won’t find an opportunity like this to own a successful and well-established business in an area surrounded by beautiful parks and lakes. Attractively priced to sell at $385,000 which includes FF&E of $226,438. Real Estate is available for an additional $500,000 or buyer may "Rent to Own." For more information, please contact Jim Underwood.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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