Retail - Home Furniture & Furnishings | Services - Miscellaneous Repair

$Seller Financing Available

Asking Price	$350,000	Inventory	$80,000*
Gross Income	$376,734	Real Estate	$720,000**
Cash Flow	$140,306	Year Established	1964
FF&E	$135,241*	Employees	3

* included in the asking price

** not included in the asking price

This longstanding, successful electronics retail and repair shop has been in business over 40 years, selling and repairing all types of consumer electronic equipment. They have experienced good growth despite the current economy. From small boom boxes to full home theaters, they are the place locals come to do business. They are an authorized dealer and warranty service center for most major electronics brands, specializing in sound systems, home theaters, flat screen televisions, electronic musical instruments and car audio systems. They have a great reputation for fast, honest, reliable service and maintain a large assortment of repair parts. Their factory-authorized technicians can solve the most complicated problems as well handle warranty repairs. The seller owns the building and real estate and wants to sell the business and property as a package. The market value for the real estate is $720,000. The business and property have been pre-approved for SBA financing to a qualified buyer. He would sell the business and lease the property as another option. The seller wants to semi-retire but would work closely with and train the new owner for an extended period of time to assure a smooth transition. Seller financing on the business is available for a qualified buyer.

Facilities: 4,800 sf on 0.24 acres

Seller Financing Available: Yes

Financing: seller will finance $277,500 on sale of business

Support/Training: Negotiable

Reason Selling: semi-retirement