Business For Sale

Electric Supply Store with Optional Real Estate

Not Disclosed, MI


Asking Price: Annual Revenue:
$399,000 $450,000

Retail: Hardware, Bldg. Materials, Garden Center


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RE: Electric Supply Store with Optional Real Estate Broker: Tanya Popov
Owner Financing is Available!
Negotiable to a qualified buyer.

Quick Facts

Asking Price: $399,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $399,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 3
BBN Listing #: 23228552
Broker Reference #: MI020818

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Business Overview:

This is an opportunity to acquire a long established electrical supply store that has been around for over 35 years. The business currently runs without the presence of the owner, but knowledgeable and dedicated staff is able to service contractors and electricians as well as homeowners and local businesses offering thousands of electrical supplies and products in stock. Website is set up with on-line shopping card allowing to sell products nationwide.

The business is currently priced at inventory value. The real estate is available for purchase and priced separately at $450,000, subject to bank appraisal. The owner is ultimately interested to sell the business with all furniture, fixtures equipment and inventory along with Real Estate.

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Property Features and Assets:

The store is located on the busy road with great exposure and includes two parcels totalling over 14,000 square feet store and warehouse space. Real estate is available for sale and priced at $450,000, subject to bank appraisal.

Market Competition and Expansion:

The business has been long established in the community with great reputation for knowledge and quality customer service. A new active owner with renewed focus and energy can quickly boost performance updating and optimizing the website and implementing a solid marketing strategy.

Reason for Selling:

Current owner is not in a position to run the business.

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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