Retail Appliance Sales & Service Business **Gr...

St. Paul-Minneapolis-Twin Cities, MN


Asking Price: Annual Revenue:
$195,000 $1,143,286

Services: Home Improvement, Repair, Painting


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RE: Retail Appliance Sales & Service Business **Gr... Broker: Bob Harris
Owner Financing is Available!

Quick Facts

Asking Price: $195,000
Annual Revenue: $1,143,286
Net Profit: Not Disclosed
Cash Flow: $110,649
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1973
Employees: 7
BBN Listing #: 130238700
Broker Reference #: MINNEMN003-N1876

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Business Overview:

Founded over 45 years ago, and named the “Nordstrom” of their industry in an article by the Star & Tribune in 2018, this full-service retail appliance business has earned an excellent reputation in their industry for their sales and full repair service of virtually all makes and models of their specialized appliance. The uniquely modern and vast showroom is conveniently located in a high traffic strip mall with easy access from all areas of the Twin Cities metro. This turn-key business has great visibility from the street and ample parking for its extremely loyal, discerning and diverse customer base (75,000 plus which are kept discreetly in a proprietary client database). General Manager is in place offering institutional knowledge gained over 30 years of experience managing the full scope of the operation. Incredible opportunity for the new owner to focus on a more cohesive marketing strategy, eCommerce, business development, product expansion and an endless opportunity in untapped commercial accounts. Incredible plug-and-play opportunity for any entrepreneur! For more information, please contact Bob Harris at 612-238-1284.

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Reason for Selling:

Retirement

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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