Appliance and Plumbing Fixture Retailer

, California 9 views 0 favorites

Financial Highlights
Asking Price
$1,475,000
Revenue
$6,263,239
Business Description

This is a profitable, established retailer of appliances and plumbing fixtures located in Los Angeles, CA. The business has been well established in the community for decades. While many competitors have fallen way to the large, big box stores, this profitable retailer has continued to prosper due to its focus on customer satisfaction. They are a one-stop solution to the upscale homeowner who is looking for the full spectrum of design support backed up by a comprehensive selection of premium brand appliances and plumbing fixtures. Location: Los Angeles County, California Number of Employees: 7 Real Estate: Owned Building Sq. Ft.: 6,000 Facilities: Approx. 6,000 sq. ft. retail space and warehouse space located in a growing area of Los Angeles. The building is owned by the owner, who will offer a fair, long term market based lease. Market Outlook/ Competition: While the products offered by the business are the same as their big box competition, their service sets them apart. They work through the entire process from specification, to sale, to after sales support with their clients so that they have continuity in the experience. This attention to customer satisfaction is how they have kept their customers over the years while continuing their profitable operations based solely on their goodwill and customer referrals. Growth & Expansion: While obtaining consistent inventory has been challenging for the industry, the business continues to project profitable growth. Their geographical customer base is expanding with a robust entertainment and high tech development surge, paving the way for continued profitable operations.

Business Details
Industry:
Building & Construction
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 1 day ago

Views: 9

Favorites: 0