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Leading Authorized Dealer Store

Albany Area, New York (Columbia County)

Retail - General Merchandise Stores | Retail - Blding Mat., Hardware, Garden

$Seller Financing Available

Asking Price $150,000 Inventory  
Gross Income $400,000 Real Estate  
Cash Flow Not Disclosed Year Established 2003
FF&E N/A Employees 7

* included in the asking price

** not included in the asking price

This business backed by a legendary U.S. retailer specializes in the retail sale of home appliances, lawn and garden equipment, electronics and hardware. This store is one in a network of over 830 authorized retail stores located throughout smaller metropolitan markets throughout the United States. Since inception, this store has consistently ranked in the top 10% - 20% in terms of gross sales compared to its counterparts. The store offers its retail customers a wide variety of quality product brands including Maytag, GE, Sony, just to name a few. In addition to the quality products offered for sale, the business offers its customers prompt delivery, product installation and in-home product service. The vast majority of products sold through the store are items that are on consignment to the dealer. One of major advantages to this arrangement is that the store owner is not required to fund the extensive product inventory, but rather is paid a commission ranging from 4% to 16% per item classification.

Facilities: The business occupies 8,832 square feet of retail space in a vibrant and well trafficked strip shopping center. The space is split up with 5383 square feet dedicated to the very well merchandised sales floor and the remaining 3449 square feet utilized for storeroom, office and break room areas. Customer parking within the plaza is ample, well paved and lighted.

Seller Financing Available: Yes

Financing: Seller will consider limited financing to qualified buyer candidates.

Support/Training: The seller will stay on for a mutually agreeable and reasonable period of time, to train new ownership and to promote a smooth transfer of the business. In addition, the new owner will receive two weeks of corporate training at parent company headquarters location in Chicago, Ill.

Reason Selling: Seller is retiring.

Business For Sale By

Carl J. Cusano, MBA

518-459-9070

Capital Business Advisors, Inc.

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