Successful Appliance Store in Northern New Hampshire

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30724734
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $625,000
Name of Establishment: Poulins Appliance Sales and Service
Gross Revenue: $967,218 (Annual)
Cash Flow: $148,645 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Living Accomodations: Yes
Sale Terms: Cash to Seller. Seller will consider financing new inventory on hand at time of sale for one year.
Last Updated: 9/15/2021

Overview / Comments

This offering is a very successful appliance sales and service business in northern NH. Poulin's Sales and Service prides itself on the personal attention that is often lost in the big box stores and has earned the trust of many who rely on them for purchasing and servicing of their appliances. Competition? Major appliance stores are at least an hour away. You'll find name brands such as Frigidaire, Maytag, Kitchenaid, Whirlpool among others as well as a large selection of used appliances available for sale. Poulin's also offers a full line of Sealy mattresses. The real estate offers the retail showroom, used appliance area and shipping and parts with a loading dock. A three bedroom apartment offers an owner a place to live or a rental for additional income. The offering includes land, building, business, and all parts and used appliances on hand at the time of sale.

Additional Details

Industry Segment: Other Retail Stores
Reason for Selling: Seller is moving on to other opportunities.
Value of Inventory Included ($): $50,000
Value of Furniture, Fixtures, and Equipment ($): $105,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $275,000
Mgmt/Training Support Description: Offering includes transitional services and training for two weeks following closing with other arrangements to be made between the parties.
Competition/Market Description: Poulins Appliance is located in Northern NH and in an area offering four season recreational activities. The general area has experienced tremendous growth in new homes as well as second home renovations and transitioning to primary homes. Poulins is well positioned to service this growth since the next large appliance store is located over an hour away.
Seller Financing Description: Seller may consider financing new inventory on hand at the time of sale for a period of up to one year.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771

Contact

Photograph of Listing Agent

Mary M. Doherty

Peabody & Smith Realty Inc.
NECPE Member
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