Property ID : WSD24.306
For Sale, Real Estate $649,850.00 - Real Estate, Retail
DESCRIPTION:
- A Western New York New Household Appliance Store with Real Estate serving the Buffalo and Rochester New York Marketplaces
- In 2022 Sales were $ 1,976,005 and the Seller’s Discretionary Earnings were $ 238,204
- This business has been successfully in operation for over 60 years, and is known regionally for its excellent sales and repair service
- It has a large database of returning Customer, Retail and Commercial Accounts
- There is a large inventory of household appliances with brands such as Whirlpool, Frigidaire, Speed Queen and other major brands
- This business also has a Kitchen and Bath Design and Sales Center
- This business is opened 6 days per week over 49 hours per week
- It is located on a very busy street and there is plenty of parking for its customers
- Two of the Three Owners are willing to stay on as employees for the Buyer of this Business
ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
- Furniture, Fixtures, Equipment and Vehicles fair market installed value of $ 72,160
- Inventory at cost of $ 142,000
- Real Estate at a fair market value of $ 275,000
REAL ESTATE
- 5,836 Square Feet Stand-Alone Building on 1.90 acres of land built in 1955
PRICE/FINANCING:
The Asking Price is $ 649,850
COMMENTS:
This is a rare and great opportunity to take over a very successful and long-term business with an excellent reputation. There is a large potential for more growth in this business and industry.
