Leading Authorized Dealer Store

Location: United States -> New York -> Upstate New York -> Albany
Industry: Retail > Home and Garden Retail

This business backed by a legendary U.S. retailer specializes in the retail sale of home appliances, lawn and garden equipment, electronics and hardware. This store is one in a network of over 830 authorized retail stores located throughout smaller metropolitan markets throughout the United States. Since inception, this store has consistently ranked in the top 10% – 20% in terms of gross sales compared to its counterparts. The store offers its retail customers a wide variety of quality product brands including Maytag, GE, Sony, just to name a few. In addition to the quality products offered for sale, the business offers its customers prompt delivery, product installation and in-home product service. The vast majority of products sold through the store are items that are on consignment to the dealer. One of major advantages to this arrangement is that the store owner is not required to fund the extensive product inventory, but rather is paid a commission ranging from 4% to 16% per item classification. Contact for more information on this Authorized Dealer Store for sale.

Financials

Asking Price Range: < $250K
Gross Revenues: $415,000
Cash Flow: $90,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes

About The Business

Year Established: 2003
Number of Employees: 10 – 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable

About The Sale

Management Training and Support: Provided by seller & retailer corporate office.
Reason For Selling: Owner is retiring.