Highly Profitable Established Home Appliance Retailer

North Carolina

Seller Financing Available

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Asking Price:$2,750,000
Gross Revenue:$3,000,000
Established Year:2016
Cash Flow:$500,000
Inventory:$1,000,000
BUSINESS DESCRIPTION

A well-known North Carolina-based company is a go-to destination for quality Scratch n' Dent and new appliances. They specialize in discounted open box items sourced directly from reputable vendors, offering diverse selections, superior service, and unbeatable prices. Their commitment to delivering functional, affordable appliances without compromising on quality has earned them a trusted reputation.

Their pride lies in providing top-notch products that suit various budgets and cater to families' needs. Apart from their wide product range, they prioritize customer satisfaction by focusing on quality, service, and affordability, showcased through detailed financial information. This dedication continues to drive their success and set them apart in the industry.


DETAILED INFORMATION
Location
North Carolina
Inventory
Included in asking price
Employees
11
Facilities
Large, well-priced leased location equipped with showroom and viewing floor. Inventory is included in the asking price.
Competition
The direct competition is with the "big box" retailers that sell same/similar products at vastly higher prices.
Growth & Expansion
Ample opportunity for growth within the locality and surrounding region.
Financing
Owner is open to seller financing if required (however not preferred)
Support & Training
Owner is willing to stay on for 3-6 months for transition period.
Reason for Selling
Retirement
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Reese
Wilson
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Reese Wilson