Appliance Center & Hardware Store

Not Disclosed, SD


Asking Price: Annual Revenue:
$2,150,000 $3,035,711

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Appliance Center & Hardware Store Broker: Roy Huffman
Owner Financing is Available!
If needed on a limited basis.

Quick Facts

Asking Price: $2,150,000
Annual Revenue: $3,035,711
Net Profit: Not Disclosed
Cash Flow: $265,204
Total Debt: Not Disclosed
FF&E: $270,000
Real Estate: $1,200,000
Year Established: 1979
Employees: 16
BBN Listing #: 74712743
Broker Reference #: 13-015

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Business Overview:

The store is a major appliance center and maintains a great service center. They keep a large number of appliances on hand and provide service and delivery with set up.

They have a full line hardware store and also does service work including the following: appliance repair, blade sharpening, carpet cleaner rental, glass cutting, key cutting, paint color matching, screen repair, and window repair. The hardware departments are: appliances, automotive, bird feed & supplies, cleaning supplies, grills & accessories, hand tools, power tools, hardware, housewares, lawn & garden, electrical, paint, and plumbing.

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Market Competition and Expansion:

Competition in the appliance business is a company that has a chain of stores and they do very well against them. The store is the major place to get appliances and has a great selection of hardware. A remodel of the hardware would help grow the business bringing in a higher level of inventory.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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