40+ Year Retail Business for Sale

Detroit, MI (Wayne County)

Seller Financing Available
40+ Year Retail Business for Sale
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Asking Price: $10,000,000

Cash Flow: N/A

Gross Revenue: $8,950,000

EBITDA: $2,150,000

FF&E: N/A

Inventory: N/A

Established: N/A

40+ Year Retail Business for Sale

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Business Description

This 40+ year company is an independent retailer of household goods that serves a wide range of consumers throughout its geographic market. Carrying thousands of items and a variety of brands, the company has an extensive inventory, and a long history of satisfied and loyal customers.

Detailed Information

Employees:
17
Facilities:
Located on a busy road with great exposure, this company operates out of 30,000 sq ft of total facility space. The operational facilities (warehouse, administrative and showroom) are expected to provide ample capacity to accommodate future growth. There is plenty of parking and convenient access for customers.
Competition:
The company is unmatched in the marketplace. They have developed a strong reputation for fair prices and a level of quality service that is unsurpassed. As an independent, this retailer is able to be nimble and flexible with product mix to compete with anyone. Plus, they set themselves apart by being the source for the very best quality and unique hard-to-find products by providing superior product knowledge and ingenuity when it comes to customer satisfaction.
Growth & Expansion:
The company has potential for tremendous growth opportunities, including product line expansion, internet sales, expanding its local territory, and geographic expansion to new territories.
Financing:
Seller financing available to qualified Buyers
Support & Training:
Owner willing to train during transition period.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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