Single Location Appliance Retailer


Single Location Appliance Retailer

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,900,000





Single Location Appliance Retailer

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Business Description

This 50+ year-old Company is a single-location retailer, offering sales and service of major-brand laundry, cooking, and refrigeration appliances. The Company offers products from the following leading manufacturers: GE, HotPoint, Whirlpool, Kitchen Aid, Maytag, Amana, and Bosch. Revenue is derived from appliance sales (85%), service (10%) and parts (5%). The Company provides free delivery, and free haul off of old appliances. The customer base is primarily individual retail customers located within 30-miles of the Company’s facility. The Company is in the midst of an increasing revenue and profitability trend.

The Company operates out of a strategically located 9,000 square foot, free-standing building which includes a 4,500 square showroom and 4,500 square feet of warehouse/back office, appliance rebuild/test station, and administration areas. The facility has a monitored alarm system and recorded security surveillance cameras with remote access. The Company has a knowledgeable staff with expertise in the industry. The Company is well-positioned within its market and is known to have excellent supplier relationships and a superior reputation. In addition, management believes the Company has excellent growth opportunities going forward.

Detailed Information

Support & Training:
As needed
Reason for Selling:
Pursue other interests

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Mike Meredith

Business Listed By:
Mike Meredith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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