Largest Wholesaler & Retailer of Refurbished Home Appliances

Phoenix, AZ (Maricopa County)

Largest Wholesaler & Retailer of Refurbished Home Appliances
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Asking Price: $350,000

Cash Flow: $106,000

Gross Revenue: $561,000

EBITDA: N/A

FF&E: $50,000

Inventory: $150,000

Real Estate: $1,500,000*

Established: 2010

*not included in asking price.

Largest Wholesaler & Retailer of Refurbished Home Appliances

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Business Description

This family owned and operated company happens to be the largest wholesaler and retailer of used and refurbished home appliances in Arizona. Through an exclusive contract with Arizona's two largest appliance retailers; this business is able to purchase bulk loads of used appliances.
When a new appliance is purchased, the used appliances are returned to the retailer from the delivery men. They need to dispose of this product weekly. Every week between 350 and 450 dishwashers, washer/dryers, microwaves, stoves, freezers and refrigerators are purchased at a bulk discount from the appliance retailers. This product is brought back to the warehouse for sorting, repairing, cleaning and for scraping materials. Valuable parts are saved, copper and metals are sorted for recycling and the remaining appliances that don't pass inspection are sent to the bulk recycling center for cash.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
20,000
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
With 20,000 SF of warehouse, there is plenty of room for offices up front and a large retail showroom floor and the repair, refurbishing and cleaning of appliances in the back. The entire property is fenced and there are numerous security camera's inside and out that feed into the owners office. There is a mezzanine floor that contains over $150,000 inventory of specialty parts for all sorts of appliances. The building is available for purchase at $1,500,000.
Competition:
There is no other business in the Valley that processes this volume of appliances on a weekly basis. They even sell to other Used Appliance Dealers across the Valley who then mark-up their own price.
Growth & Expansion:
This is a very hands-on business for the owners. It will take someone with a lot of energy, organization skills and desire to grow and make the business better.
Support & Training:
Sellers will offer up to a month of training to help introduce the new owner to the large retailers and other used appliance dealers that buy from this business.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Michael Gaida

Business Listed By:
Michael Gaida

NAI Horizon

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