Listing Number: 4301-205667
Description
CALLING ALL INVESTORS! Central Florida Appliance Store with 2 locations is for sale! With 20 employees, which includes 5 managers PLUS 2 Sellers who are willing to stay on, you can't go wrong with this investment! Sellers are in their mid-30's and want to invest in passive income/Real Estate to diversify their portfolios. One or Both are willing to stay on as managers (and sign Employment Agreements) to ensure the business continues to soar and it also provides a solid income stream for them as they embark on new investments themselves. So, a win-win situation is what they are trying to create. In addition, $500,000 of wholesale inventory is included in the Asking Price! This appliance business has become the "place to go" for all appliance needs-from, bulk orders, servicing needs, general retail and more! Sellers also believe hiring more techs, opening an additional location, marketing on Billboards in front of the Big Box Stores-like, Home Depot and Lowe's, connecting to more builders/ property managers would increase the bottom line exponentially. One of the great opportunities in 2022-take the first step and call today for more information!
Listing Details
- Price: $ 3,500,000
- Down Payment: $369,570
- Sellers Discretionary Earnings: $ 1,371,840
- Total Sales: $ 9,849,340
- Location: Withdrawn, Florida
- Inventory: $ 500,000
- FF&E: $ 323,500
- Employees: 18
- Year Established: 2014
- Reason for Selling: Other Business Interest
- Category: Appliances
