Southern Maine Appliance Sales, Installation & Service
Under Contract
Financials
Asking Price of business :$995,000Included In Asking Price :Furniture, Fixtures & Equipment: $100,000
Inventory :$300,000
Asking Price Of Real Estate :$950,000
Annual Sales :$2,400,000 Cash Flow :$400,000
Summary Description
Step into a lucrative opportunity with a well-established home appliance retailer. Located in Southern Maine, this business has a stellar reputation for quality products and exceptional customer service. The business carries exclusive brands catering to various styles and budgets. Benefit from a high visibility storefront in a bustling area, and dominant market position.
General Information
Year Established :2004Employees :8 FT
Facilities :The business occupies a 4,000-square-foot building located on a busy thoroughfare in Southern Maine.
Business Location :Southern Maine
Market Outlook
Competition & Market :
The home appliance business has territorial exclusivity to top suppliers and products ensuring competitive advantage. The business is well respected within the community, with strong local ties to area builders and repeat customers.
Growth & Expansion :
The business' location and strong brand image have built a loyal customer base. This retailer has a unique and profitable niche in a quality product line. It serves a desirable geographic area, and is well positioned with excellent growth opportunities.
About the Sale
Financing :Anticipated bank financing of $745k. Working capital needed $100K.
Support/Training : Owner will provide transition training for a new owner.Reason for Sale : Retirement
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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