Local Electronics Business for sale in CT - 34399 Business Type: bldg materials/hardware/garden,business/office supplies,equipment rental and sales ,general merchandise store,illness forces sale!,must sell/drastic price reduction!,seller financing available,electronics & technology
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $250,000 |
| Gross Revenues | $665,822 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $150,000 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and 100,000.00 @ 4% over 5 years
Business Description
Looking for a well-established electronics retail store with a large customer base? Look no further! This store has been a mainstay in the community for over 27 years and sells to both consumers and industry contractors, as well as through eBay. The seller partners are ready to retire for health reasons, creating a perfect opportunity for a new owner to take the reins and scale the business to new heights. Although there is no social media presence, the store's website could benefit from updates to improve the e-commerce experience for consumers. Additionally, the store has provable numbers, and though net cash flow doesn't reflect high health and auto insurance costs for the sellers, possible financing for a well-qualified buyer is available, and the owner is open to hearing offers. With a full-time employee willing to stay on, the possibility of absentee ownership is viable. Don't miss out on this fantastic opportunity! Contact Richard Bernardo today for more details.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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