Business Listing

Reputable Furniture and Appliance Store in Greenville, MI

Owned for 50 years by one owner, huge client base, huge potential!

Potential, potential, potential!!! Have you ever dreamed of owning an appliance and furniture store but are not sure where to begin? We have the perfect turn-key opportunity for you with lots of potential for improvement and growth! Purchase the entire business, including real estate, inventory, and branding.

The owner of a well known local appliance and furniture retailer is retiring after nearly 50 years running this successful business. Currently two long-term employees are running the day to day operations.

The store is strategically located on a busy road near Grand Rapids and has strong market share with a large client database. It is the only new appliance retailer in its area, and is the primary furniture location. It is known throughout the local community for its outstanding customer service and for always having an extensive selection on hand for quick delivery.

The business sale includes the business structure, inventory, delivery truck, and the real estate. There are lots of opportunities to grow profitability, including renting out two upstairs apartments/offices.

Don’t miss out on this exciting opportunity to be your own boss and own a well established local business that is well situated for profitability growth with marketing and technology updates.

Due to the confidentiality of the sellers, we do ask that all interested parties contact the broker to receive a confidentiality agreement. Financials and further information will be provided after a completed NDA is received. Buyers to verify all information.
Industry
Home and Office Furniture, Retail Stores
Segment
Appliances and Furniture Sales
Asking Price
$705,000.00
Ref ID
Established
0
# of Employees
5
Full Time Employees
3
Part Time Employees
2
Gross Revenue
$1,339,687.00
Cash Flow Type
EBITDA
Cash Flow
$55,439.00
Other Value
$0.00
FF&E
$25,000.00
AP/AR
$0.00
Real Estate in Asking
Yes
Inventory in Asking
Yes
Inventory
$300,000 average inventory included in the asking price.
Equipment
A new delivery truck that is wrapped in advertising for the business.
Real Estate
13,539 square feet of real estate including a large showroom, a storage pole barn, and two small 1 bedroom apartments located above the store.
Facilities
Broker/Seller

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