Established Full Service Appliance Retail Store

Not Disclosed, OR
Washington County


Asking Price: Annual Revenue:
$1,450,000 $3,739,762

Retail: Home Furniture & Furnishings


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RE: Established Full Service Appliance Retail Store Broker: Dan Walkowski

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $3,739,762
Net Profit: Not Disclosed
Cash Flow: $391,398
Total Debt: Not Disclosed
FF&E: $16,246
Real Estate: Not Disclosed
Year Established: 1956
Employees: 7
BBN Listing #: 471552348
Broker Reference #: 59071-675023

Email or Print Listing

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Business Overview:

Time to turn the reins over to the next caretaker. Could it be you? Full service appliance retail store with deep roots in the community. Once a customer experiences the personal touch and care from this retailer they will be back for more purchases and tell their friends. This store sells a full range of appliances for the home and provides a broad selection of brands, competitive prices, along with exceptional customer service whether you come to them for advice, speak with them on the phone or visit their store. They handle delivery of the products they sell as well as removal of your old products with the same attentive service you experience when shopping for your product.
The showroom is located in a prominent location in town with a nearby warehouse for additional inventory.

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Property Features and Assets:

This is a family business that started over 50 years ago and has been active in the community for two generations. The current owners are the third owners of the business. The business has become a mainstay in the community. The owners are part of a marketing group which provides benefits such as beneficial pricing as well as development and growth opportunities for operating the business Retail showroom with products on floor, plus a warehouse with local inventory.

Market Competition and Expansion:

There are two big box retailers within three miles and few other additional retailers within 10 miles. Many customers come to this store through word of mouth. Once a customer experiences the great service offered here, they help spread the word. This business has been growing over the past three years and can capture even more growth due to increased new building construction in the surrounding area; A new owner can add sales staff as well as other targeted hires to enable additional growth; A key benefit is to continue the great customer service reputation that this company has maintained over the years.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • 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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