Founded in 1972, this Company sells a variety of appliances, mattresses, and more common and in-demand products. The Store sells new products, services old products, and has a full-time delivery branch. The Company has developed an extremely strong reputation in the area for the top-quality products and service offered. The Company is not threatened by big box retailers due to its small-town location and stellar reputation.
Company Asking Price: $300,000
Real Estate Asking Price: $350,000
The owners are seeking retirement and are seeking to transition the Company to new ownership. Training will be provided during a reasonable transition period. The associated real estate is available for purchase or lease.
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The Company operates out of a 6,000 sq. ft. facility leased from a related entity. The real estate is available for purchase or lease. The estimated market value of the real estate is $350,000.
Growth Opportunities include: (1) Connectivity Products: The Company could naturally enter the market to sell connectivity products that give customers complete control over their houses. This fast-growing market provides significant opportunity for growth. (2) Improve Online / Social Media Presence: The Company could substantially upgrade its online presence to draw more customers’ interest. (3) Expansion of Mattress Segment: While the Company offers mattresses, there is still room to expand in this market.
Investment highlights include: (1) Custom Care and Service: The Company is able to offer custom solutions to its customers through its extensive experience in the industry. (2) Professional and Quick Delivery Service: The Company offers a delivery service so that it is able to sell to customers within a large geographic area. (3) Excellent Reputation: The Company has developed an extremely strong reputation in its 45 year history through constant word of mouth referrals. Online reviews are nearly unanimously outstanding.
The owners are willing to provide assistance through a reasonable transition period.