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Appliances $10mm + Sales And Service For Sale

Ocean County, New Jersey, US
Asking Price:
$1,600,000 Furniture / Fixtures included
Sales Revenue:
$10,735,582
Cash Flow:
$676,334

$10,000,000 PLUS in annual sales and growing.

Purchase price does not include Inventory. Sale of inventory at time of purchase will be calculated and available to purchase in addition to selling price. Current approximate inventory amount available is $600K.

This business is the area's number one appliance dealer serving generations of families as well as contractors throughout southern NJ. Top brand major home appliances for kitchens, laundry and so much more.

The business is an authorized dealer for all the major and higher end brands and installs and services everything they sell. Dedicated and well-trained experienced staff and management in place.

Property Information

Real Estate:

Lease

Premises Details:

There is a showroom 6,000 sq.ft and a warehouse 6,000 sq.ft.

Business Operation

Expansion Potential:

New homes, remodels, Advertising.

Competition / Market:

This business is the local dealer for many higher end brands. Competes with Home Depot, Lowe's on other popular general brands.

Reasons for selling:

Other Interests.

Trading hours:

Mon-Fri 9am-6pm; Sat 9am-4pm

Employees:
18 FT/1 PT
Years established:
55

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$183,598 - included in the asking price
Inventory / Stock value:
$640,200