Profitable Electronics Retailer

Business Description

The owners have operated this profitable business since they opened it over 30 years ago, and are now ready to retire. The business represents many well-known brands like Apple, Bell, Samsung HP, Microsoft, Canon, LG and Panasonic. The owners have built a very strong and loyal customer base with a high percentage of repeat clients. They also have a large portion of sales coming from commercial clientele in their market. The business operates out of a smaller community in Southeast Saskatchewan, with limited competitors in their immediate trading area. They do compete against on-line retailers but are very price competitive and further distinguish themselves based on the service they can provide. This business has opportunities to further expand the sales and for future growth. The asset sale will include inventory of $350,000, commercial building $250,000, business name, and all equipment (displays, racking, POS, etc) of $160,000.

Details

Business ID: REGI0022
Business Category: Electronics and Appliance Stores
Location: Saskatchewan, Saskatchewan
Financing: Available
Status: New

Company Information

Year Established: 1989
Franchise: No
Number of Employees: 2

Financial Information

Asking Price: $ 1,399,000
Gross Revenue: $ 3,144,990
SDE: $ 424,566
FF&E (included): On request
Inventory: On request
EBITDA: On request
Down payment: On request
Occupancy Cost: On request

Business Presented By
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