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Appliance and Mattress Retail Sales with Service and Delivery

Off-Market

Chambersburg, PA

Retail Business Specializing In Appliance And Mattress Sales, Along With Appliance Servicing And Delivery.

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Revenue

$2,000,000

Earnings (SDE)

$350,000

Margin

17.5%

Year Established

1983

Listed

Past 24h

Customers

The business primarily serves retail customers purchasing household appliances and mattresses. It also provides appliance servicing and delivery to customers.

Customer Acquisition

Through online marketing, including the business website, Facebook, and Google.

Team

The business has approximately four employees, plus the owner’s two sons, for a total of approximately six people. The two sons handle appliance service and each holds an ownership interest in the business. Their plans to remain following a sale were not confirmed.

Owner's Role

The owner remains actively involved in the business, including making deliveries. His two sons are involved in appliance servicing and hold an ownership interest in the business.

Reason for Selling

The owner is looking to retire after operating the business with his family for more than 40 years. The family has discussed the future of the business and agreed that selling would be the preferred option.

Contracts

No

Real Estate

The owner is open to discussing the inclusion of real estate directly with interested buyers.

When Are You Looking to Sell

Within the next 6-12 months

Licenses Required

A refrigeration-related license is required for certain repair services, and the business must operate in an appropriately zoned commercial location. The owner indicated that the necessary refrigeration licensing is currently in place.

Additional Notes

Established in 1983, the business has operated for over 40 years. Approximately $250,000 in inventory is expected to be included in the sale, although some inventory is financed. The owner also intends to include delivery vehicles and other business assets, including Mercedes, GMC, and Toyota vehicles, while retaining approximately two vehicles for personal use.

Business ID: 2180

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