Business For Sale

40+ Year Established, Diverse & Stable Retailer

Not Disclosed, MI


Asking Price: Annual Revenue:
$300,000 $1,497,219

Retail: Electronics, Technology, Computers, Cell Phones


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RE: 40+ Year Established, Diverse & Stable Retailer Broker: Matt Baas
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $300,000
Annual Revenue: $1,497,219
Net Profit: Not Disclosed
Cash Flow: $96,064
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: $350,000
Year Established: 1972
Employees: 8
BBN Listing #: 943445079
Broker Reference #: 943

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Business Overview:

Founded in 1972, this Company sells a variety of appliances, mattresses, and more common and in-demand products. The Store sells new products, services old products, and has a full-time delivery branch. The Company has developed an extremely strong reputation in the area for the top-quality products and service offered. The Company is not threatened by big box retailers due to its small-town location and stellar reputation.
Company Asking Price: $300,000
Real Estate Asking Price: $350,000
The owners are seeking retirement and are seeking to transition the Company to new ownership. Training will be provided during a reasonable transition period. The associated real estate is available for purchase or lease.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

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Property Features and Assets:

The Company operates out of a 6,000 square feet facility leased from a related entity. The real estate is available for purchase or lease. The estimated market value of the real estate is $350,000.

Market Competition and Expansion:

Investment highlights include: (1) Custom Care and Service: The Company is able to offer custom solutions to its customers through its extensive experience in the industry. (2) Professional and Quick Delivery Service: The Company offers a delivery service so that it is able to sell to customers within a large geographic area. (3) Excellent Reputation: The Company has developed an extremely strong reputation in its 45 year history through constant word of mouth referrals. Online reviews are nearly unanimously outstanding. Growth Opportunities include: (1) Connectivity Products: The Company could naturally enter the market to sell connectivity products that give customers complete control over their houses. This fast-growing market provides significant opportunity for growth. (2) Improve Online / Social Media Presence: The Company could substantially upgrade its online presence to draw more customers’ interest. (3) Expansion of Mattress Segment: While the Company offers mattresses, there is still room to expand in this market.

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.

Relevant Links:

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