Sears Franchise Appliance, Garden & Tool Center
Location: Massachusetts > Plymouth County > South Shore
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $195,000
Gross Revenue: $3,000,000
Cash Flow: $110,000
FF&E: $60,000 (Included in Asking Price)
Business Summary
This Sears Authorized Retail Dealer Program is a unique ownership opportunity in which Sears provides the dealer with extensive advertising, marketing, and merchandising support, as well as, all interior and exterior signage and promotional materials. The need for working capital is minimized as Sears corporate provides the inventory at NO charge to the store owner. Products sold include quality name brand appliances, electronics, tools and lawn/garden equipment under Sears, Craftsman, Kenmore, Maytag, GE, Diehard, Sony and many other prominent name brands. Average commission is approximately 10%. The store has been open for 8 years and employs 2 full-time and 1 part-time staff.
About the Business
Year Established: 1998
Employees: 2 full time - 1 part time
Franchise: Yes
Facilities: Fantastic location in large, modern mall with heavy traffic in the South Shore MA area! This attractive retail store encompasses 10,000 sq. ft., with 6,600 sq. ft. of selling space and 3,400 sq. ft. of separate rear storage and management office space. Four years remain on the present lease.
Market Outlook and Competition: An active owner/operator can take advantage of the excellent Sears reputation and further grow this business with the aid of corporate support programs offered. Note that Sears corporate matches any competitive price on all products carried with no deduction from the store commission.
About the Sale
Management Training and Support: Franchise provides training, and owner will also support transition period.
Reason For Selling: The owner anticipates retiring.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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