Iconic, Profitable Appliance Business


  • Asking Price: $740,000
  • Gross Income: $5,387,923
  • Cash Flow: $309,028
  • Real Estate: Not Disclosed
  • Inventory: $792,347
  • FF&E: $75,001
  • Listing ID: #209738
  • Established: 1972
  • Employees: 21 FT

Business Description

This appliance business is a 46-year-old tradition in Northern Virginia, specializing in sales and home repairs of major household appliances and over the counter parts sales. It has maintained positive annual growth and is a one stop service for consumer appliance needs. It has a broad reputation and has maintained its position as the dominant consumer appliance company in the region.

Business Details

Primary Business Category: Retail Trade - Electronics & Appliance
Location: Virginia

Company Information

Year Established: 1972
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 21 FT

Financial Information

Asking Price: $740,000
Gross Revenue: $5,387,923
Cash Flow: $309,028
FF&E: $75,001
Inventory: $792,347
Seller Financing Available: No

Property Information


The company has three locations; two retail sales locations and a warehouse location. Management and administrative operations take place in one location.

Growth & expansion opportunities:

The appliance industry itself is poised for growth reflecting the strong economy and move to smart-home appliances. The added service personal will support the sales of parts for service calls and allow for a more proactive approach to service needs which carry higher margins. With the exit of a major competitor and the continued decline of Sears an excellent opportunity is available to expand the customer base and increase sales.


The economy locally and nationally remains strong. Reflecting this, AHAM, The Association of Home Appliance Manufacturers, indicates an increase in appliance sales of 3.5% for 2017. In addition, sales are anticipated with consumers' move to smart-home appliances for increased energy efficiency and convenience. Locally, with the exit of a major competitor and the gradual decline of Sears, the business has excellent opportunity to gain sales and expand its customer base.

Reason for selling:

Owners are ready to pursue new interests.

Support & Training:

Will train for 2 weeks @ $0 cost. Products sold and serviced include all major brands in the household appliance arena. Home deliver of new appliances and in-home service repair are also offered. Knowledgeable, in-store customer support for walk-in, over-the-counter parts sale available. Retail and management knowledge required as well as basic appliance understanding.

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Business Listed By:

Fred Walker

Murphy Business Brokers