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50 Year Old Electronic Store For Sale

Kings County, New York
Asking Price:
$225,000
Sales Revenue:
$2,440,000
Cash Flow:
$34,700

Walk into 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.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retire

Employees:
2/2

Other Information

Support & training:

seller will train

Financing available:

195,000.00 down & 30,000 at two years six %

Inventory / Stock value:
$200,000

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