Electrical & Plumbing Parts Business; Major Appliances

MS

Electrical & Plumbing Parts Business; Major Appliances

Asking Price:$1,400,000

Cash Flow:$250,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:$107,000

Inventory:$525,000

Rate/Sq. Ft.:N/A

Established:2003

Electrical & Plumbing Parts Business; Major Appliances

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Business Description

This very successful electrical and plumbing supplies wholesaler operation is based in the largest combined showroom of appliances and bath fixtures in its trade area in a southern state, selling to commercial and consumer buyers. Includes a substantial septic tank parts division. It operates in a beautiful, modern 25,000 square foot showroom, warehouse and office facility. Appliance brands include: Jenn-Air; Broan; Electrolux; Frigidaire; KitchenAid; Maytag; Sub-Zero; Viking; Whirlpool and Wolf. Products sold include ranges, refrigerators, cooktops, ovens, ventilation, dishwashers, clothes washers and dryers. Also featured is a full line of bathroom appliances and fixtures, with a specialty in products for customers with limited mobility. The trade area is comprised of 474,000 residents within a 3,300 square miles footprint. This is an extremely well-managed, profitable company with a pristine facility, excellent reputation, long-tenured staff, and a solid customer base.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
25,000
Lease Expiration:
N/A
Employees:
4 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful, modern 25,000 square foot showroom, warehouse and office facility on two acres. More than adequate off-street paved parking lot for customers and employees. Half-acre storage lot at rear of facility with crushed limestone base. The location is adequate to accommodate a substantial increase in business.
Competition:
Competition is comprised of Home Depot plus a small number of electrical and/or plumbing parts and equipment wholesalers. The entity has held its own against competitors during its 13-years in operation.
Growth & Expansion:
New owners could: 1) Add a wholesale HVAC adjunct to the business that could increase revenue by $100,000 per month; 2) Expand hours of operation
Financing:
Possible with considerable down payment
Support & Training:
Sellers would provide training and transition guidance and may be available to remain as paid consultants for a limited time.
Reason for Selling:
Sellers will concentrate on other business interests.

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Don Weekley

Business Listed By:
Don Weekley

Innovative Management Svcs LLC

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