Appliances $10MM + Sales and Service

Not Disclosed, NJ
Ocean County

Asking Price: Annual Revenue:
$5,000,000 $12,268,764

Retail: Non-classifiable

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RE: Appliances $10MM + Sales and Service Broker: Louis Falzarano

Quick Facts

Asking Price: $5,000,000
Annual Revenue: $12,268,764
Net Profit: Not Disclosed
Cash Flow: $1,201,152
Total Debt: Not Disclosed
FF&E: $183,598
Real Estate: Not Disclosed
Year Established: 1969
Employees: 19
BBN Listing #: 37894955
Broker Reference #: 3401-17201

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Business Overview:

$12,000,000 PLUS in annual sales and growing.

This business is the area's number one appliance dealer serving generations of families as well as contractors throughout southern NJ. Top brand major home appliances for kitchens, Laundry and so much more.

The business is an authorized dealer for all the major and higher end brands and installs and services everything they sell. Dedicated and well-trained experienced staff and management in place.

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Property Features and Assets:

There is a showroom and a warehouse. Assets = $1,347,065

Market Competition and Expansion:

This business is the local dealer for many higher end brands. Competes with Home Depot, Lowe's on other popular general brands. New homes, remodels, Advertising.

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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