Internet Retailer For Sale

Business description

For over 30 years this highly profitable company has served the discount home appliance market in central Texas. What begun as a local discount vacuum cleaner retailer in Waco, Texas, this pioneer of online retailing has grown to be one of the largest independent vacuum cleaner discounters in the world.

Representing major brands such as Bissell, Eureka, Dyson, Hoover, Sharp, and dozens more, internet revenues have exceeded $6 million per year, with virtually unlimited growth potential on the horizon.

In addition to vacuum cleaner sales, the company also represents most major appliances, including products from GE, Whirlpool, Amana, Maytag, KitchenAid, and many more.

On the retail side, the company operates two locations, generating sales of over $4.5 million per year. Products include all major appliances as well as being an authorized service center for most major brands. While highly successful, the Seller believes both locations should be merged into one larger, more efficient location, further reducing overhead and increasing margins.

History:
2007 2006 2005

Revenues $11.8m $10.4m $11.1m

EBITDA $ 1.6m $ 1.4m $ 1.5m


Price: $8,000,000

Inventory: $2,000,000 (Included in price. Price will be adjusted for fluctuations in inventory.)

Property information

Real Estate:

Lease

Other information

Reasons for selling:

retirement

Furniture / Fixtures value:

$200,000

Inventory / Stock value:

$2,000,000

Contact the seller