Business For Sale Listing 81723
Consumer Appliances Retail
Status as of Nov-22-2008 at 06:12 PM: Active
Business Summary
Big Al`s Appliances is a landmark discount kitchen appliance retailer. Established sixty years ago in 1946, Big Al`s is widely known within a 100 mile radius of its location on the prime commercial street in a very affluent beach community. This landmark business is supported by movie stars, sports celebrities as well as thousands of repeat customers, in many cases, second and third generation customers.
The company belongs to a national buying group that enables it to buy and price very competitively against the big box retailers. Big Al`s staff are long term, loyal employees who are well versed in all brands and well known to their customers. Big Al`s does $400,000 or more in sales each month and has a strong service department. There is a retail store front of 5,000 sq. ft. with an 8,100 sq. ft. warehouse. Both leases run until 2010.
Many customers order in advance while awaiting completion of remodeling projects so a high percentage of the inventory is prepaid.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,625,514) |
| Profits: |
Between $100 Thousand and $500 Thousand (226,137) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million (1,275,000) |
