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  • Listing Number: 200-20949

  • Category: Retail

Asking Price $350,000
Down Payment
Gross Revenue $785,334
Total Adjusted Net Income $242,925
Equipment / Fixtures $1,500
Year Established 2019
General Location
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This niche business sells new TVs but they are open box TVs.  So they are able to sell them a discounted pricing lower then the MSRP price that a customer would find at big box store.  The business does very simple low cost marketing to drive folks to their store.   They are currently only open 3 days a week for a total of 18 hours.   There are numerous areas the a new buyer could grow the business

Gross Revenue $785,334 Listed Price $350,000
Total Income $242,925 Down Payment
Base Rent Square Feet 3000
Total Rent $2,500 Lease Expiration 04/2025
Rent Deposit Lease Options 1 Option/5 years
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $1,500 Other Assets
Full-Time Employees Training Period 2 weeks
Part-Time Employees Special License Required No
Contract Staff Reason for Selling Other businesses that he needs to focus on

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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