Northeast Missouri Appliance Sales Retail and HVAC

Not Disclosed, MO


Asking Price: Annual Revenue:
$599,000 $321,159

Retail: General Merchandise - Retail


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RE: Northeast Missouri Appliance Sales Retail and HVAC Broker: Ray Leblanc
Owner Financing is Available!
$59,900 down/$29,950 over 120 months @ 6%/ Other Financing.

Quick Facts

Asking Price: $599,000
Annual Revenue: $321,159
Net Profit: Not Disclosed
Cash Flow: $109,839
Total Debt: Not Disclosed
FF&E: $55,253
Real Estate: Not Disclosed
Year Established: 1977
Employees: 2
BBN Listing #: 72264955
Broker Reference #: 5508-15849

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Business Overview:

A household appliance store that has served its' loyal customer base for over 40 years. In addition to quality appliances, the company also provides heating and air conditioning service to customers in Northeast Missouri. Currently the seller and spouse are the only employees. Seller said there is plenty of available HVAC demand to occupy an additional technician.

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Property Features and Assets:

The company has a standalone 10,290 sq. ft. building. Facility is priced at $250,000. A buyer who purchases the Business must also purchase the Real Estate. Rent of $30,000 is included in the SDE. Consequently, that cash can be used to purchase the Real Estate. Assets= $482,411

Market Competition and Expansion:

Company serves a number of small communities in Northeast Missouri. Currently only the seller and spouse work in the business. Seller says there is more HVAC work available than he can handle. A new owner could hire an additional technician to take on additional work. Add at least one additional HVAC technician. The demand is there for that service.

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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