Retail Appliance Business for Sale in Charlotte, NC
- Location: Charlotte, North Carolina
- Listing ID: 42520108
FINANCIAL INFORMATION featured
- ANNUAL REVENUE: $220,072
- Seller's Discretionary Earnings: $80,739
- listing price: $170,000
- Down payment: TBD
When the owner started this company in 2008, he saw an opportunity to provide high-end home appliances to local consumers at a great value proposition. Sales consist of name-brand appliances that are slightly used or discontinued models from the major manufacturers. 90% of sales are from used appliances, and 10% of sales are new. The used appliances are acquired from retail sales outlets and manufacturers that have been lightly used and returned. The business acquires these appliances at a deep discount, repairs any issues, then re-sells them to the public.
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