LISTING UNDER CONTRACT
Well Established High End Retail Appliance Dealer
Brooklyn, New York
Asking Price: $13,999,999
Business: $9,000,000 | Property: $5,000,000
Opportunity Highlights
Annual Figures 2024:
- Gross Sales: $15,350,606
- Net Profit: $3,473,140
Business overview
General Information:
Established in 1998, operating for 26 years
Located in Brooklyn, NY, serving the Tri-State area (NY, NJ, CT)
Specializes in high-end retail appliance sales and installation
14 employees (sales, marketing, bookkeeping, drivers/installers)
Business and property for sale at $13,999,999 ($5M property value)
Revenue & Growth
Revenue Breakdown: 95% appliance sales, 5% installation services
Client Base: 75% residential, 25% commercial (builders, condos, apartments)
Contracts secured with commercial clients
2023 to 2024 growth driven by new accounts, expected to continue in 2025
Projected 2025 Revenue: $18,000,000+
Inventory valued at $200K–$250K
Expansion & Ownership Options:
Seller can stay for 6 months of training or 50% partnership at $7M
Option for full buyout at $14M or structured deals with seller equity rollover
Business can scale further within the high-end appliance market
Operational & Financial Highlights:
5700 sq. ft. double lot building valued between $4.5M–$5M
Bank statements confirm P&L figures for transparency
Strong relationships with luxury home builders and developers
Needs cash or private funding; seller open to financing options
Owners looking to close within 45 days
Reason for sale: Owners are shifting focus to other projects or open to a partnership
Interested in this listing? Fill Out the form below.
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954-551-5317
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