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Retail Electronics, Electrical Contracting And Cell Phones
Location Alberta,Canada
Asking Price Range $250K - $500K
Gross Revenues $623225
Net Profit / Cash Flow $111700
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 4 - 5
Inventory 235000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Owner willing to help out for transition period. Staff available after the sale as well.
Reason for Sale Retire.
Description Offering retail electronics, electrical contracting and cell phone sales makes this a terrific business. This Well Established business for sale is located in a Growing community In a scenic area. The town is growing all the time. They have been around for over 30 years & in current ownership since 1981. 35% of this business's sales comes from a retail electronics store. An additional 35% comes from electrical contracting & the other 30% comes from Cell Phone sales, Telus Mobility.
They stock all electronic parts and anything needed for home and business use, they provide Telus cell phones. Equipment includes: trucks, tools, scaffold, shelving, computers, security equipment, & Misc.
Great visibility on 3 lots 66' x 99'. There is a cinder block building 60' x 100', cold storage on south lot, & cinder block metal building, 4000 sf on north lot. There is a paved lot between the two buildings for convenient parking. The buildings are in good overall condition estimated worth of over 500k. Real Estate with option to purchase for $600,000 This business is located in a scenic tourist area at the foothills of the rocky mountains. They are acrossed the street from a museum & Next to a beautiful wall mural.
Growth and expansion can be obtained by hiring more tradesmen to look into larger contracts, expanding line in retail side, and expansion to building on existing lots.
This business is recession proof as it is 3 businesses in one! With 65% repeat business and 30% referrals, this business is truly a full service business with everything that a consumer could need. They have a fine reputation and are well known in the community. Asking $399k for business.
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