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Profitable Full-service Appliance Store Available For Sale

Minnesota, US
Asking Price:
$389,000 Furniture / Fixtures included
Sales Revenue:
$1,191,800
Cash Flow:
$157,193

Diversified, profitable and growing, full-service appliance store offering a wide variety of high-quality appliances, household items, repair and service. Also offering heating and cooling, cooking, kitchen clean-up, refrigeration, vacuums, and generator sales and service. Customer-focused business that has been in business for many years and has created a superb reputation for repeat customers. 2025 Gross income will be around $1.2 million. Inventory included in purchase; plus excess negotiable. The current owner works in the business and is responsible for running the business and wants to retire. Competent and engaged employees. New owner does not need any license to purchase.

Property Information

Real Estate:

Lease

Lease Terms:

Gross modified
Expires 12/31/2026

Leasehold Rent:

$32,136 per annum

Business Operation

Reasons for selling:

Retirement

Trading hours:

52.5 hrs/wk except for holiday weeks

Years established:
32

Other Information

Support & training:

Negotiable

Financing available:

Cash or submit offer

Furniture / Fixtures value:
$33,511 - included in the asking price
Inventory / Stock value:
$151,749