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Appliance Retailer

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$500,000 $1,438,000 $181,000

Inventory Value:
$300,000 ( not included in the asking price)

Business Summary:
This appliance warehouse has two locations, but half their business is generated by their website. Only new appliances are carried which are slightly damaged but sold for unbelievably low prices. Walk-ins account for the other half of the business. All revenues and exposure are verifiable.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 2FT 2PT  
   
Facilities / Terms of Lease: 2 warehouses/ show rooms. 1.) 16,000sq ft Passaic County. 2.) 6,000 sq ft Middlesex County.  
   
Competition: Limited Competition.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Negotiable  
   
Reason for selling: Moving to Florida  
 

 

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