Property Details

Western NY New Household Appliance Store with Real Estate - Buffalo

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.

 

Agent Stephen DiPaolo

  • Office : 585-247-4750
  • Fax : 585-247-4794

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
Know More

Contact

Loading...
 

Similar Properties