Remarks

Musselman Appliance and TV is a locally owned and operated company that has been in business for over 25 years. The company has grown to 11 employees and has over $3 million in annual sales. It is offered at 0.46 times revenue, with a clean balance sheet, no stale inventory, and solid profitability. Musselman’s has strong relationships with local builders, vendors, warranty companies and repeat retail consumers. The company is known for its reputation for exceptional customer service, and in depth product knowledge. It sells and services SpeedQueen, Electrolux, Frigidaire, Whirlpool, KitchenAid, Maytag, Amana and General Electric brands. Included in the sale are 2 delivery trucks and 2 service vehicles.

Growth opportunities exist:
Expanding the service warranty side of the business
The expansion of the website www.musselmanappliance.com
The growth of Highlands County itself as it borders just south of Polk County the fastest growing county in Florida.

The Building and Land are also available, see MLS 313017.
Financial Disclosure available to qualified buyers with a signed NDA.

Details

MLS#: 313021
Price: $1,500,000

Style: Business Opportunity
Year Built: 2006

County: Highlands
Tax Fee: 19420.000