Semi-Absentee Appliance Store for Sale

Not Disclosed, FL

Asking Price: Annual Revenue:
$3,500,000 $9,840,340

Retail: Home Furniture & Furnishings

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RE: Semi-Absentee Appliance Store for Sale Broker: Dawn-Marie Crown
Owner Financing is Available!
Owner Financing Terms $369,570.00 Owner Financing Interest 6.25% Owner Financing Terms Months 24 Other Financing Amount $2,956,560.00 Other Financing Interest 6.25% Other Financing Term Months 120

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $9,840,340
Net Profit: Not Disclosed
Cash Flow: $1,371,840
Total Debt: Not Disclosed
FF&E: $323,500
Real Estate: Not Disclosed
Year Established: 2014
Employees: 18
BBN Listing #: 4724630
Broker Reference #: 4301205667

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Business Overview:

CALLING ALL INVESTORS! Central Florida Appliance Store with 2 locations is for sale! With 20 employees, which includes 5 managers PLUS 2 Sellers who are willing to stay on, you can't go wrong with this investment! Sellers are in their mid-30's and want to invest in passive income/Real Estate to diversify their portfolios. One or Both are willing to stay on as managers (and sign Employment Agreements) to ensure the business continues to soar and it also provides a solid income stream for them as they embark on new investments themselves. So, a win-win situation is what they are trying to create. In addition, $500,000 of wholesale inventory is included in the Asking Price! This appliance business has become the "place to go" for all appliance needs-from, bulk orders, servicing needs, general retail and more! Sellers also believe hiring more techs, opening an additional location, marketing on Billboards in front of the Big Box Stores-like, Home Depot and Lowe's, connecting to more builders/ property managers would increase the bottom line exponentially. One of the great opportunities in 2022-take the first step and call today for more information! Please refer to listing #4301-205667 Agent Dawn-Marie Crown when inquiring about this listing. Thank you!

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Market Competition and Expansion:

Non Compete : Miles: 50 Years: 5

Reason for Selling:

Other Interests.

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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