Return To Opportunities List


90-Year-Old Appliance Store with Delivery & Install

Semi-passive ownership with 8-person team!



  • Price

  • Revenue

  • Equipment

  • Location
    Iowa City, Iowa

  • Inventory

  • Reason for Sale
    Changing industries and exploring other non-competing interests.

  • Employees
    8: 1 service lead and 2 service techs, 1 install lead and 1 install tech, 1 office and sales rep, 1 receptionist, and 1 part-time delivery assistant.

  • Intangible Assets

  • Cash Flow



The business operates out of two separate buildings. The first building has a designated area of 1,600 square feet for parts and service, along with a showroom spanning 2,000 square feet. The second building, which houses the appliances, has a total area of 4,000 square feet. The purchase of this business includes $471,327 in assets, which overcollateralizes the loan, including vehicles, trailers, equipment, inventory, and accounts receivable. The staff consists of a total of 8 members, including 1 service lead, 2 service technicians, 1 installation lead, 1 installation technician, 2 office managers, and 1 delivery assistant. With this well-established team in place, the seller is able to be a semi-passive owner, providing oversight and management support as necessary. As a show of good faith, the owner has offered 10% seller financing and will stay on board for 6 months-1 year transition. The loan is 100% overcollateralized! Established over 90 years, this retail appliance business has an excellent local reputation and deep roots within their community. The business is near Iowa City and serves clients in various small towns within a 50-mile radius. While there are a few other competitor appliance stores in the area, very few offer installation and maintenance services, which sets this business apart from its competitors. Priced at $260,000, the buyer needs less than $30,000 cash down!


Purchase Price:



Bank Loan Needed: $


Funding Details


Offer Price: $

% Buyer Cash Down at Closing: $

% Seller Carry Back via Promissory Note: $

year term at a rate of %

% of Purchase Price secured by Buyer and Seller

Total Bank Loan Need: $

% of Purchase Price

Desired Loan Type:

Desired Bank Terms: year term at a rate of %

Total Business Assets, Inventory, and A/R: $

Total Undercollateralized Loan: $

Loan Payments

Monthly Payment to Bank: $
Yearly Payment to Bank: $
Monthly Payment to Seller: $
Yearly Payment to Seller: $
Total Monthly Debt Service: $
Total Yearly Debt Service: $


Fixed Charge Coverage Ratio

The bank will require a minimum ratio of 1.5 to be lendable.

Cash Flow:
2023 Cash Flow
Annual Debt Service: $

Buyer's Net Operating Income (NOI)

The amount of money the Buyer will retain as profit.

Cash Flow:
2023 Cash Flow
Annual Debt Service: -$

Buyer's Return on Investment (ROI)

The rate of return on the Buyer's down payment.

Down Payment: $
ROI: %


Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.