Profitable Appliance Sales & Service business

Bloomington, IN (Monroe County) (Relocatable)

Showroom
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Asking Price: Get Financing: $425,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $86,000

Inventory: $170,000

Real Estate: $425,000*

Established: 1950

*not included in asking price.

Profitable Appliance Sales & Service business

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Business Description

This is a great opportunity to own a profitable appliance sales and service company that competes successfully with the big box stores. This long-standing company generates a 7-figure revenue stream and 6-figures in Seller’s Discretionary Earnings . Plenty of room for growth in the Service area and potential for further development of the real estate.

Buyer can purchase business and real estate or business alone with long term lease. Real estate may not be sold separately until business sells with lease in place or moves.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,770
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a 5,970 s.f. showroom, office, parts & service area, and has a separate 800 s.f. warehouse building with additional storage trailers. Plenty of parking both on-site and street.
Competition:
Long-established business; long-time relationships with college town rental property owners and managers. This business successfully competes with the big box stores in both sales and service.
Growth & Expansion:
Growing college town rental market expecting all appliances in units. Lots of room to increase the service side of the business. Business may be relocated and is not dependent on this location. If buyer also acquires real estate there is an opportunity of further development of the property for additional revenue streams.
Support & Training:
negotiable
Reason for Selling:
Owner retiring
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Contact the Seller

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David Miller

Business Listed By:
David Miller

Comprehensive Business Brokers, LLC

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