PROFITABLE, Well-Established Home Appliance Center in Northern Minnesota - 11620

Location
Industry
Category
Appliances/Home Improvement
Price
$385,000
Description

Profitable Home Appliance Center which has been the heart of this Northern Minnesota Community for over 40 years. Well-trained staff in place for customers desiring new indoor or outdoor appliances. This business is only available due owners are retiring. You won’t find an opportunity like this to own a successful and well-established business in an area surrounded by beautiful parks and lakes. Attractively priced to sell at $385,000 which includes FF&E of $226,438. Real Estate is available for an additional $500,000 or buyer may "Rent to Own." For more information, please contact Jim Underwood.

Listing ID
11620
Value From Year
2023
Cash Flow
$187,412
Equipment Price
$226,438
Gross Sales
$1,538,362
Reason for Selling
Retirement
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
40
Full Time Employees
3
Part Time Employees
3

Get New Business Listings Delivered to Your Inbox