SOLD – Multi-generational company with 95 years of local reputation as a family-owned business is now available for purchase! Current owners are the third generation of ownership. The business provides sales of new and used home appliances, including Maytag, Frigidaire, Whirlpool, KitchenAid and Amana, as well as repair, parts and installation services. Strong community ties and a solid reputation keeps clientele loyal, and word of mouth referrals are common. This company is being sold with $296,000 of new appliance inventory, as well as real estate with an estimated market value of $600,000. Owners are ready for retirement and are looking for the next family to take over this successful store.
LCC-21125290-15
West Michigan
Specialty Retail
$199,000 plus inventory
Real estate available for purchase or lease
$2,642,991 (2021)
$230,767
Plus Inventory ($296,000)
Over 95 years
Owner plus 9 EEs |
Owned and available for sale. 2 buildings on corner lots located diagonally from each other.
This property is owned.
Expansion of service staff and comprehensive marketing program will increase sales even more.
Competes strongly with big box stores offering exceptional service and premium product lines.
Assistance with SBA financing available.
The Seller will provide training to help the purchaser take over providing for a smooth transition.
Seller is looking to retire.
Frank Cobb – Advanced Business Brokers
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A lifelong resident of Fort Wayne, Indiana, Dr. Mark Hagar brings decades of hands-on experience in small business ownership, acquisitions, and turnarounds to his role as a business broker. Over his distinguished career, he has acquired and operated more than 20 companies and engineered over 50 successful turnarounds, giving him a uniquely practical understanding of what makes businesses succeed, and sell. His portfolio spans manufacturing, distribution, and service firms in industries including printing, education, military contracting, aerospace, and orthopedics. This diverse background enables him to identify value, anticipate buyer needs, and structure complex deals with confidence and precision.
Mark holds a Doctorate in Business Administration (DBA) from Cranfield University’s School of Management in Bedford, England—one of Europe’s leading business schools. His research on small business resilience and operational excellence has been recognized by the Small Business Institute (SBI), the United States Association for Small Business and Entrepreneurship (USASBE), and the International Council for Small Business (ICSB).
In addition to his business career, Dr. Hagar has served as a member of faculty at several institutions of higher education, including Holy Cross College (Notre Dame), Trine University, and the University of Saint Francis. He also hosted Your Business Matters, a small business–focused radio show and podcast for more than a decade and is the author of Small Fortunes – the Acquisition Entrepreneur’s Guide to Buying a Profitable Small Business.
A passionate advocate for entrepreneurs, Mark previously chaired the Indiana Leadership Council for the National Federation of Independent Business (NFIB), representing small business owners before state and federal legislators. He currently serves as President of the Allen County, Indiana Economic Development
Commission.
As a broker, Mark specializes in industrial, manufacturing, and distribution firms, with particular expertise in special situations, distressed assets, and complex transitions where experience, creativity and discretion are central to success.
