🛠️It’s not flashy, but it’s rock-solid: A 40+ year appliance store in Colorado’s thriving Summit County.
Let’s dig into the financials. 💼
Revenue:
3-year average: $6.44M
Cash Flow:3-year average: $667K
Gross Profit:3-year average: $1.57M
Expenses:
Rent: ~$15.39/sq ft (showroom & warehouse)
Staff: 13 FT, 1 PT, 1 contractor
The business comes with $800K in inventory, included in the asking price of $2.75M.
That’s a cash-on-cash return of ~24% based on the average cash flow. 📈
But let’s dive deeper:
Key Advantages:
✅ Loyal customer base spanning 40+ years
.✅ Relationships with top brands like GE, Bosch, Viking, & more.
✅ Member of BrandSource, allowing competitive pricing vs. big-box stores.
✅ Positioned in a booming market with 7,000+ new homes planned nearby.
Growth Opportunities:
1️⃣ Expand into nearby counties with satellite showrooms.
2️⃣ Add outside sales reps to target builders & property managers.
3️⃣ Launch service agreements for recurring revenue.
4️⃣ Boost digital presence using BrandSource’s marketing tools.
This is what makes this deal special:The current owners have built a trusted legacy, but the market is ripe for growth. With the right leadership, this business could soar. 🚀
Here’s the kicker: Revenues have grown by $3M since 2020. Stability + growth potential = rare find in today’s market.
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