40+ Year Retail Business For Sale

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Description

This 40+ year company is an independent retailer of household goods that serves a wide range of consumers throughout its geographic market.  Carrying thousands of items and a variety of brands, the company has an extensive inventory, and a long history of satisfied and loyal customers. 

General Information
Employees: 15-20
Facilities: Located on a busy road with great exposure this company operates out of 30,000 sqft of total facility space.  The operational facilities (warehouse, administrative and showroom) are expected to provide ample capacity to accommodate future growth. There is plenty of parking and convenient access for customers.

Market Outlook
Competition: The company is unmatched in the marketplace.  They have developed a strong reputation for fair prices and a level of quality service that is unsurpassed.  As an independent this retailer is able to be nimble and flexible with product mix to compete with anyone.  Plus, they set themselves apart by being the source for the very best quality and unique hard-to-find products by providing superior product knowledge and ingenuity when it comes to customer satisfaction.

Growth and Expansion: The company has potential for tremendous growth opportunities including product line expansion, internet sales, expanding its local territory, and geographic expansion to new territories.

Property Id : 18849
Business Asking Price: $5,000,000
Including:     Furniture, Fixtures & Equipment: Yes
    Inventory: $1,000,000
Gross: $8,400,000
EBITDA: $1,350,000
Listing ID: LBBO21
Support/Training: Owner willing to train during a transition period.
Financing: All cash or terms acceptable to the Seller
Reason for Selling: Retirement

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