Appliances Retail Store in Southwestern Ontario (Includes Building)

Appliances Retail Store in Southwestern Ontario (Includes Building)

Price: $756,000

Location: Southwestern Ontario, Ontario

Industry: 4431 - Electronics and Appliance Stores

Listing ID: 1384214000005494026

Listing Description

Fantastic opportunity to acquire a successful TV and Appliances store in a beautiful area of Southwestern Ontario. This turnkey business has been owned and operated by the original founder for over two decades. The company specializes in the sale of Appliances, TVs, and Mattresses. Owners wish to retire and are seeking a motivated, customer-centered individual to take over the company. Staff are loyal and well-trained and will remain with the new owner. Well-known and highly respected in the area, very loyal customer base and strong referral network. Included in the sale are the land and building ($320k), working capital which includes inventory ($181k), FF&E ($18k), and Goodwill ($237k). Seller will remain on board and provide training for a smooth transition. To learn more about this exciting opportunity, contact Jim Friesen at Sunbelt Business Brokers. Call 905-357-8100 or email jim.friesen@sunbeltcanada.com.

Listing Details

Total Sales: $1,034,000

Cash Flow: $150,000

FFE: $18,000

Inventory: $181,000



Broker Info

Jim Friesen

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