Asking Price
$705,000
Gross Revenue
$1,339,687
Cash Flow
$55,439
Overview
Business
Description
Potential, potential, potential!!! Have you ever dreamed of owning an appliance and furniture store but are not sure where to begin? We have the perfect turn-key opportunity for you with lots of potential for improvement and growth! Purchase the entire business, including real estate, inventory, and branding.
The owner of a well known local appliance and furniture retailer is retiring after nearly 50 years running this successful business. Currently two long-term employees are running the day to day operations.
The store is strategically located on a busy road near Grand Rapids and has strong market share with a large client database. It is the only new appliance retailer in its area, and is the primary furniture location. It is known throughout the local community for its outstanding customer service and for always having an extensive selection on hand for quick delivery.
The business sale includes the business structure, inventory, delivery truck, and the real estate. There are lots of opportunities to grow profitability, including renting out two upstairs apartments/offices.
Don’t miss out on this exciting opportunity to be your own boss and own a well established local business that is well situated for profitability growth with marketing and technology updates.
Due to the confidentiality of the sellers, we do ask that all interested parties contact the broker to receive a confidentiality agreement. Financials and further information will be provided after a completed NDA is received. Buyers to verify all information.
Growth Prospects
Potential! Potential! Potential! This business is well situated for growth with solid leadership and management. This business has huge potential for profit growth for a new owner who can add product lines, update showrooms, fix up apartments, put up new signs, develop online marketing, and implement technology to better market to its strong client base.
Sale
Reason for Selling
Owner is retiring after nearly 50 years owning the business.
Training/Support
The business is a member of BrandSource, a furniture, mattress, and appliance sales consulting group that provides, training and strategic marketing, and business consulting to all its members. This group is willing to help new owner create a business and marketing strategy to increase profitability.
Premises
Facilities
The real estate consists of: -Commercial buildings totaling 13,539 square feet -Large floor showrooms -Two attached 1 bed 1 bathroom apartments/office spaces with potential for additional income -60’ x 32’ outbuilding used for additional storage -Multiple parking spaces -Flat roof replaced in 2020 -It is located just outside city limits for more business flexibility -1.1 acres of commercial property -Delivery van -Full list of inventory on hand at time of sale
Location
Greenville, MI
Contact The Seller
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