• A Western New York Household Appliance Store with Real Estate serving the Buffalo and Rochester
New York Marketplaces
• This business has been successfully in operation for over 60 years, and is known regionally for its excellent sales and repair service
• It has a large database of returning Customer, Retail and Commercial Accounts
• There is a large inventory of household appliances with brands such as Whirlpool, Frigidaire, Speed Queen and other major brands
• This business also has a Kitchen and Bath Design and Sales Center
• This business is opened 6 days per week over 49 hours per week
• It is located on a very busy street and there is plenty of parking for its customers
• Two of the Three Owners are willing to stay on as employees for the Buyer of this Business
NOTE: Income & SDE reported is from 1-1-2024 thru 4-30-2024
- Asking Price:
- $534,500 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $650,414
- Cash Flow:
- $89,579
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Serving the Buffalo & Rochester New York Marketplace
- Premises Details:
-
• Furniture, Fixtures, Equipment and Vehicles fair market installed value of $ 70,000
• Inventory at cost of $ 50,000
• Real Estate at a fair market value of $ 250,000
Business Operation
- Expansion Potential:
-
This is a rare and great opportunity to take over a very successful and long-term business with an excellent reputation. There is a large potential for more growth in this business and industry.
- Reasons for selling:
-
Retirement
- Employees:
- 7
- Years established:
- 1959
Other Information
- Support & training:
-
The current owner will do everything necessary to ensure a smooth transition of ownership.
- Furniture / Fixtures value:
- $70,000 - included in the asking price
- Inventory / Stock value:
- $50,000 - included in the asking price
