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Appliances $10MM + Sales and Service

Ocean County, New Jersey

Asking Price: Gross: Cash Flow:
$1,600,000 $10,735,582 $676,334

Furniture and Fixtures Value:
$183,598 (included in the asking price)

Inventory Value:
$640,200 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
$10,000,000 PLUS in annual sales and growing.Purchase price does not include Inventory. Sale of inventory at time of purchase will be calculated and available to purchase in addition to selling price. Current approximate inventory amount available is $600K.This business is the area's number one appliance dealer serving generations of families as well as contractors throughout southern NJ. Top brand major home appliances for kitchens, laundry and so much more.The business is an authorized dealer for all the major and higher end brands and installs and services everything they sell. Dedicated and well-trained experienced staff and management in place.

 
   
   
Year Business was Established: 1969
   
Number of Employees: 18 FT/1 PT  
   
Facilities / Terms of Lease: There is a showroom 6,000 sq.ft and a warehouse 6,000 sq.ft.  
   
Potential Growth/Expansion: New homes, remodels, Advertising.  
   
Competition: This business is the local dealer for many higher end brands. Competes with Home Depot, Lowe's on other popular general brands.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Other Interests.  
 

 

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