Highly profitable appliance service and sales cntr

Not Disclosed, IL
Cook County


Asking Price: Annual Revenue:
$1,200,000 $1,960,000

Retail: Home Furniture & Furnishings


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RE: Highly profitable appliance service and sales cntr Broker: Seller of Business

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,960,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $181,900
Real Estate: IL
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 79253032
Broker Reference #: 032003

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Business Overview:

This is a great opportunity to take over a well established appliance sales and service center that has a great reputation servicing the suburbs of Chicago. About 80% of the service business and 50% of the new appliance sales comes from past customers. This has been a family business for over 40 years and the owner is now ready to retire. Because consumers desire a trained professional to deliver, install and service their major appliances, Amazon has made virtually zero impact on company sales. Company sales have been very strong the last three years. If you are looking for an established business with long-term clients and long-term staff, inquire today as this business will sell fast! This business has been pre-qualified for SBA financing with only 15% down.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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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