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Profitable Appliance Outlet with Stunning Retail Space for Sale!
Glendora

Boasting a massive retail space in an incredible location, this profitable appliance outlet is ripe for a new operator eager for cash flow. All inventory will be included at close of escrow, and all necessary introductions to continue curating relationships for acquiring inventory will also be part of the sale. This business is perfect for someone who already has an idea how wholesale/retail good sales work, as well as someone with a strong interest in selling larger ticket items. Over the past few years, the current owners pared down the focus of the business into just one profitable location, and now they are moving on to pursue other business interests, to your benefit! Besides plenty of open box inventory, the current owners have also recently opened relationships with big named brands already being sold in store and online. The e-commerce component to the business is set up for further success, and the already hundreds of Google/Yelp reviews are pristine. Seller states this is an easy business to run, with attractive margins, and plenty of room to scale up further. General Manage yourself or operate as an Absentee owner. Either way, inquire now and see the attractive SDE for yourself!

Listing Number:

23562

Category:

Internet/E-Commerce,Retail,Service - Personal B2C

Location:

Glendora
$1,695,000

Financial Information:

Gross Revenue:

$2,796,723

Listed Price:

$1,695,000

Down Payment:

$0

Total Income:

$609,552

Year Established:

2018

Lease Information:

Square Feet:

13700

Total Rent:

$33,934

Lease Expiration:

05/2034

Lease Options:

2 & 5

Asset Information:

Leasehold Improvements:

$8,389

Equipment / Fixtures:

$41,345

Inventory:

$644,650

Other Assets:

N/A

Additional Information:

Full-Time Employees:

3

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

thirty (30) days

Reason for Selling:

Partners are Pursuing Other Business Interests

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Aaron Pfeffer
Office: | Cell: (323) 306-3296
License #: CA DRE #01781265

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Aaron Pfeffer
Office: | Cell: (323) 306-3296
License #: CA DRE #01781265

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Profitable Appliance Outlet with Stunning Retail Space for Sale!
Glendora

Listing Number:

23562

Category:

Internet/E-Commerce,Retail,Service - Personal B2C

Location:

Glendora

Listed Price:

$1,695,000
brokerPhoto
Aaron Pfeffer
Office: | Cell: (323) 306-3296
License #: CA DRE #01781265
Boasting a massive retail space in an incredible location, this profitable appliance outlet is ripe for a new operator eager for cash flow. All inventory will be included at close of escrow, and all necessary introductions to continue curating relationships for acquiring inventory will also be part of the sale. This business is perfect for someone who already has an idea how wholesale/retail good sales work, as well as someone with a strong interest in selling larger ticket items. Over the past few years, the current owners pared down the focus of the business into just one profitable location, and now they are moving on to pursue other business interests, to your benefit! Besides plenty of open box inventory, the current owners have also recently opened relationships with big named brands already being sold in store and online. The e-commerce component to the business is set up for further success, and the already hundreds of Google/Yelp reviews are pristine. Seller states this is an easy business to run, with attractive margins, and plenty of room to scale up further. General Manage yourself or operate as an Absentee owner. Either way, inquire now and see the attractive SDE for yourself!

Financial Information

Gross Revenue:

$2,796,723

Listed Price:

$1,695,000

Down Payment:

$0

Total Income:

$609,552

Year Established:

2018

Lease Information

Square Feet:

13700

Total Rent:

$33,934

Lease Expiration:

05/2034

Lease Options:

2 & 5

Asset Information

Leasehold Improvements:

$8,389

Equipment / Fixtures:

$41,345

Inventory:

$644,650

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

0

Special License Required:

N/A

Contract Staff:

0

Training Period:

thirty (30) days

Reason for Selling:

Partners are Pursuing Other Business Interests

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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