Home Appliance Center in Northern Minnesota

Featured on BusinessForSale.com . 8 viewed

Asking Price

$385,000

FOR SALE - ACTIVE

Detailed Information

Location

Minnesota, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

Established for over 40 years in a vibrant Northern Minnesota community, this profitable Home Appliance Center offers a range of indoor and outdoor appliances with a dedicated and knowledgeable staff. The opportunity to own this successful business is rare as the owners are retiring. Located amidst picturesque parks and lakes, the business is attractively priced at $385,000, which includes furniture, fixtures, and equipment worth $226,438. The real estate is available for an extra $500,000 or as a "rent to own" option. For aspiring entrepreneurs looking to invest in a well-established business, this Home Appliance Center presents a prime opportunity. The business serves customers seeking new appliances, with a seasoned staff ensuring top-notch service. With a history of successful operations spanning four decades, the business is positioned for continued growth and profitability. Interested buyers can contact Jim Underwood for more details on this lucrative venture. Don't miss out on acquiring this longstanding Home Appliance Center at an attractive price point. Situated in

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