November 21, 2009
 
 
Consumer Appliances Retailer  •  $500,000

Location: Los Angeles
Seller: Scott Probst
Phone: 310-539-8300
 
 
About This Business
BizBen Ad #: 113970
Status: Available
Start Date: 9/30/09
Last Revised: 12/31/69
Location: Los Angeles
County: Los Angeles
City: Los Angeles
Contact Information
Seller or Contact: Scott Probst
Primary Phone: 310-539-8300
Alternate Phone: Not Provided
Email: info@business-team.com
 
 
Financial Information
Asking Price: $500,000
Down Payment: $150,000
Annual Cash Flow: $160,000
Annual Revenue: $4,197,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
Are You A Visionary Marketer, Looking For A Well Established Business That Can Be Developed Into A 100,000,000 A Year Industry Giant? If So, Here Are 16 Reasons You Should Consider Big Al’s Discount Appliances:

1. Big Al’s Has Successfully Prospered For 60 Years On The Westside
2. Big Al’s Was Profitable When Interest Rates Were 20% And We Waited In Line For Rationed Gas For Hours
3. While Industry Wide Appliance Sales In So. California Are Off 35% From 2007, Big Al’s Is Down Less Than 15%.
4. The Owner Is Willing To Stay Involved On A Daily Basis With The Business For Up To One Year, Possibly Longer
5. Big Al’s Belongs To National Buying Group, Which Enables Them To Buy And Price Competitively Against Any And All Discount Retailers.
6. Big Al’s Has A Low Cost Of Rent In A Triple Aaa Location.
7. Big Al’s Has No Debt On The Books.
8. The Store Is So Well Run The Owner Works Part Time.
9. Competitors Are Closing Their Doors Every Month, Leaving More Market Share For Big Al’s To Capture.
10. Although The Buyer Group Gives Them Access To Every Product A Consumer Might Want For Home, Big Al’s Sells Only Kitchen Appliances. This Leaves A Significant Upside Potential For The Enterprising Entrepreneur. Pacific Sales Started Out Selling Only Kitchen Appliances Like Big Al’s But They Used Their Buying Group To Add Other Consumer Products And Grew To A 100,000,000 Entity In 17 Years.
11. The Price Has Been Adjusted To Reflect The Economy – This Is A Realistic Seller!
12. The Business Is Prequalified With The SBA For A Loan Up To 1,100,000.
13. The Well-Trained Sales Staff Is On A First Name Basis With Most Of Their 30,000 Customer Base
14. The Stores Location On The Affluent Westside Has Enabled It To Go Through 7 Previous Recessions With Far Less Impact Than Experienced Industry Wide.
15. The Company Also Sells Parts And Provides Service – Yet The Seller Has Never Focused On Growing Either Of These Profit Centers.
16. The Company Does Not Have A Website, Nor Does It Reach Out Side Its Immediate Market Areas Via The Internet.

For Complete Information On This Long Established Fantastic Business For Sale, Contact Scott M. Probst Executive Vice President Business Team LA At 310-874-1466.