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Family Owned Appliance & Bedding
Location North Carolina,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1946
Number of Employees 4 - 5
Inventory 140000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Owned
Training Yes.
Reason for Sale Family issues.
Description Located on Main Street in Valdese, North Carolina, Major Electric has offered a full range of home appliances and outdoor products for 60 years.
Founded in October of 1946 to sell GE appliances, the company soon expanded to provide toys, sporting goods, and household products from other manufacturers. Major Electric now focuses on Home Furnishings, Appliances, Electronics, and Lawn & Garden. so that we can guarantee the highest quality service and lowest price. Major Electric also offers an agressive rent to own program so they are able to offer product to a wider range of customers.
Major Electric carries well known brands such as; Maytag, General Electric, Amana, Hotpoint, Fisher Paykel, Frigidaire, Toshiba, JVC, Zenith, Lane, England, Serta, Tempurpedic, Ashley, Howard Miller, Dell, and many others. Major Electric is also the area's largest and oldest retailer and servicer of Monitor Heaters.
This listing is for the SALE OF A BUSINESS. The sale will include the business, all inventory and assets. We will be happy to discuss in more detail with interested parties the asking price. This is a great business for a family or couple who have retired early. We will sell the realestate however we offer a reasonable lease rate for the building, loading dock and the largest privately owned parking lot downtown.
Location Description:
148 Main Street Valdese, A vibrant downtown area with wide sidewalks. Businesses that adjoin Major Electric are the local Curves, and a local insurance company. Businesee on the same block include a well known jewlery store, the towns largest video and tanning store, a florest, a realtor and tax specialist, and a chiropractor to name a few.
To learn more about Valdese visit these websites: DowntownValdese.com, Valdese.com, and VisitValdese.com.
Zoning Description: Mixed Use.
Email or contact Ed Hallyburton at 828-874-2131 for more information on this Appliance & Bedding business for sale.
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