50 year old Electronic Store Available in Kings County, NY-22732

Kings County, NY

50 year old Electronic Store Available in Kings County, NY-22732
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Asking Price: $225,000

Cash Flow: $34,700

Gross Revenue: $2,440,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Real Estate: N/A

Established: N/A

*not included in asking price.

50 year old Electronic Store Available in Kings County, NY-22732

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Business Description

Situated in a large orthodox Jewish neighborhood this much-loved Brooklyn electronics store with 3,000 square feet of retail space, and another 1600 square feet of storage below. Build on current owners strong ties to suppliers, steady customer base, and a solid reputation based on 45 years of experience. Great opportunity for new management and staff to come in with fresh ideas and expand into the 21st century. Fixtures, computers, furniture, photo lab developing machine, trash compactor, other items included in sale. Trendy location, successful operation, but there is limited parking. Your competition? Mostly Amazon and other online merchants. Store ships appliances and electronic products locally and across the country. Expand on their well-established contracts with cities, townships, schools, and corporate accounts. Management will work with new owner to ensure smooth transition.

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Detailed Information

Location:
Kings County, NY
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Support & Training:
Seller will provide training to new owner.
Reason for Selling:
Retirement
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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