Growing Appliance Store
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ESTABLISHED APPLIANCE RETAIL BUSINESS - STARK COUNTY, OHIO
This profitable appliance store, established in 2020, offers an excellent opportunity for an experienced retailer or entrepreneur seeking a well-established business with multiple revenue streams and strong growth potential in Stark County, Ohio.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $731,290
• Seller's Discretionary Earnings: $340,932
• Impressive 47% profit margin demonstrating efficient operations
• Consistent financial performance with documented revenue history
BUSINESS OVERVIEW:
This comprehensive appliance business serves both residential and commercial markets, offering new and used appliances from all major brands. The operation has successfully diversified beyond traditional appliance sales to create multiple income streams.
REVENUE STREAMS:
• New and used appliance sales (all major brands)
• Professional appliance repair services
• Factory and extended warranty programs
• Appliance parts sales
• Delivery services
• Laundromat operations with wash and fold services
• Pick-up and delivery laundry services
COMMERCIAL PARTNERSHIPS:
The business maintains established relationships with several property management companies and landlords, providing consistent commercial sales and service contracts that enhance revenue stability.
EXPANSION OPPORTUNITIES:
Significant growth potential exists through:
• Scratch and dent appliance inventory
• Furniture and bedding retail
• Electronics sales
• Outdoor grill merchandising
• Enhanced repair service operations
FACILITY ADVANTAGES:
• Spacious 12,000 square foot facility
• Monthly lease of $10,000 (utilities included)
• Ample space for current operations and future expansion
• Well-suited for retail, service, and laundromat operations
INCLUDED IN SALE:
• Complete $355,000 inventory (included in asking price)
• $88,650 in fixtures, furniture, and equipment
• Established customer database and vendor relationships
• Operational systems and proven business model
TRANSITION SUPPORT:
The retiring owner provides up to 6 months of comprehensive training and support, with potential ongoing consultation to ensure successful business transition and continuity.
This turnkey operation represents an exceptional opportunity to acquire a profitable, diversified retail business with established market presence and substantial growth potential.
This profitable appliance store, established in 2020, offers an excellent opportunity for an experienced retailer or entrepreneur seeking a well-established business with multiple revenue streams and strong growth potential in Stark County, Ohio.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $731,290
• Seller's Discretionary Earnings: $340,932
• Impressive 47% profit margin demonstrating efficient operations
• Consistent financial performance with documented revenue history
BUSINESS OVERVIEW:
This comprehensive appliance business serves both residential and commercial markets, offering new and used appliances from all major brands. The operation has successfully diversified beyond traditional appliance sales to create multiple income streams.
REVENUE STREAMS:
• New and used appliance sales (all major brands)
• Professional appliance repair services
• Factory and extended warranty programs
• Appliance parts sales
• Delivery services
• Laundromat operations with wash and fold services
• Pick-up and delivery laundry services
COMMERCIAL PARTNERSHIPS:
The business maintains established relationships with several property management companies and landlords, providing consistent commercial sales and service contracts that enhance revenue stability.
EXPANSION OPPORTUNITIES:
Significant growth potential exists through:
• Scratch and dent appliance inventory
• Furniture and bedding retail
• Electronics sales
• Outdoor grill merchandising
• Enhanced repair service operations
FACILITY ADVANTAGES:
• Spacious 12,000 square foot facility
• Monthly lease of $10,000 (utilities included)
• Ample space for current operations and future expansion
• Well-suited for retail, service, and laundromat operations
INCLUDED IN SALE:
• Complete $355,000 inventory (included in asking price)
• $88,650 in fixtures, furniture, and equipment
• Established customer database and vendor relationships
• Operational systems and proven business model
TRANSITION SUPPORT:
The retiring owner provides up to 6 months of comprehensive training and support, with potential ongoing consultation to ensure successful business transition and continuity.
This turnkey operation represents an exceptional opportunity to acquire a profitable, diversified retail business with established market presence and substantial growth potential.
About the Business
- Years in Operation
- 6
- Employees
- 6 Contractors
- Facilities & Assets
- Delivery and Service vehicles. Tow motor w/clamp and charging stations. All office equipment. and supplies
- Opportunities for Growth
- New and used appliance are offer now. But scratch and dent, furniture, bedding, and electronics available. Additional service repair with factory and extended warranty offered.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 12,000
- Rent
- $10,000.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner offer up to 6 months train and support. Poss. on call support after 6 months
Listing Info
- ID
- 2496241
- Listing Views
- 16
Listing ID: 2496241 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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