Luxury Appliance Dealer with $2M Warehouse and $1.2M Cash Back - Business for Sale
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Luxury Appliance Retailer in Phoenix, AZ
Phoenix, AZ, US
Added 1 day ago
Luxury Appliance Retail
35 years in business
Luxury Appliances CO is a Phoenix, AZ-based retail business specializing in high-end home appliances, serving custom home builders, designers, architects, and homeowners with top appliance brands and offering delivery and installation through an outside company.
Key Information
Asking
$6.9M
Revenue
$9.8M
Earnings
$677K
Multiple
10.3x
Key Highlights
- Business has been established for 35 years
- Sale includes $1,200,000 cash transferred to buyer at close for customer deposits against inventory on hand (amount may vary at closing)
- Warehouse inventory is valued at $2,000,000
- Staff includes 3 in-house salespeople, 2 remote salespeople, and back office and warehouse staff
- Business serves luxury custom home builders, interior designers, architects, and retail customers
- Top brands carried include Sub-Zero/Wolf, GE/Monogram, BSH/Thermador, Miele, BlueStar, True, U-Line, and Whirlpool
- Delivery and installation are provided through an outside company
Contact Info
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