SOUTHEAST U.S. MAJOR APPLIANCE RETAILER
This long-established appliance retail sales business is known for providing excellent customer care at very competitive prices in all price ranges of appliance sales. The Company has consistently been gaining market share and outperforming its competitors with multiple locations and a wide range of product lines. Sales are supported by an experienced sales team and workforce consisting of over 40 employees. The Company is strategically located in a very popular location surrounded by a growing customer base. The current owner is willing to provide a transition period and will consider longer involvement.
Increased Demand for Residential Appliances – This Company is located in one of the fastest growing areas in population in the country. The region enjoys a strong employment and economic base, fueling new housing and remodeling projects that drive residential appliance consumption.
Expanding Retail Outlets – With aggressive marketing of quick-delivery, innovative product positioning, plus attractive product margins, the Company can continue expansion of retail outlets with strategic market penetration and new market development.
Opportunity to Increase Sales – The Company has significant capacity to expand to additional product lines within the various locations.
Rapid Sales Growth – The Company’s strong growth in sales in recent years is well above the growth rate of the U.S. home furniture industry.
Quality Retail Spaces – The Company operates in multi-location appliance centers. The properties are available for lease or as part of the sale.
2017 Revenue: $14,000,000
2017 Adjusted EBITDA: $1,000,000