Exceptional Profitable Home Appliance Retailer
| Asking Price: | $975,000 |
| Gross Revenue: | $3,000,000 |
| EBITDA: | $223,000 |
| Real Estate: | $1,250,000 |
| Cash Flow: | $313,000 |
| Inventory: | $200,000 |
| FF&E: | $30,000 |
| Established Year: | 1950 |
Profitable business with real estate investment to boot!
70+ yr retailer of home appliances. Located in a secondary market where service matters in addition to price. The business sells in its home county and nationwide through online platforms. This business adjusted its strategy and thrived during the COVID impacted years resulting in doubling its profitability when supply of goods to sell was low and margins were high. Today with the market being back to normal supply levels and tighter margins, the strategy changes continue to produce excellent results and profitability compared to the pre-COVID era. Despite being a strong performer, the business is run lean and mean with dated technology and there is room for a buyer to make improvements.
