Furniture & Appliance Store - Landmark Location

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Asking Price:
$220,000

Gross Revenue:
$850,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$75,000
not included in asking price

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Business Description

Long-established business for sale in Martinsburg, West Virginia. Turnkey, seller training provided, employees stay, great location, great parking, 30 year history. This is a landmark business that can easily be transferred. Won't last long.

About the Business

Year Established:
1936
Number of Employees:
6
Real Estate:
Owned
Building Sq. Ft.:
30,000
Facilities:
Landmark appliance, TV , and furniture store for sale. Located in Eastern Panhandle area of West Virginia. Close to interstate, major highways, and all exits. Business started 1986, current owner since 1991. Building 32,000 square feet. Prime corner lot at major intersection. Plenty of open surface parking. Warehouse has two overhead doors, 12' and 14'. Full basement with two elevators (lifts). Owner uses 25% of warehouse, leaves opportunity for new owner to expand business or lease space. Business is $220,000.
Market Outlook/
Competition:
Little to no competition. Owner is member of national buying association. Can match or beat all big box competitors pricing. Location is at the corner of a major intersection with ample parking.
Room to grow and add products to existing business. Currently offer appliances, TV's and lounge chairs. All existing product lines could be enhanced.
Growth & Expansion:
Little to no competition. Owner is member of national buying association. Can match or beat all big box competitors pricing. Location is at the corner of a major intersection with ample parking.
Room to grow and add products to existing business. Currently offer appliances, TV's and lounge chairs. All existing product lines could be enhanced.
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About the Sale

Seller Financing:
Will consider.

Listing Info

ID:
1487444
Ad Detail Views:
726

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Business Listed by

Michael Wilmore

Capital Area Business Brokerage

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U.S. Census Data for Berkeley County, WV
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Berkeley County, WV
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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