Asking Price: $940,000

Gross Revenue: $4,600,000

Cash Flow: $360,000

Cash Flow Comments: SD CF

Inventory: $300,000 (Not Included in Asking Price)

FF&E: $170,000 (Included in Asking Price)

Seller Financing: Buyer down $250k, Seller Note $100k, Bank $550k, A/P & Debt $340k Assumption

This very successful appliance retail owner is ready to retire after 25+ years in the business, and will transfer a dedicated staff and an excellent client basis to the new owner. His operation has focused on high end appliances, as reflected in the company’s margins, and has enjoyed a very stable business over many years. The company is highly competitive versus large box stores (due to its affiliation with a buying group), with very little seasonal effects. A sophisticated, proven marketing campaign is shown by the success of the company. The purchase price of $940k (plus $300k for the inventory) is very reasonable, and includes $200K in rolling A/P and debt (offset by A/R). The business has seen an average annual SD Cash Flow of $320,000 over the past three years (with a 12% sales growth in 2006), which will allow a buyer to recoup his initial cash down payment of $250,000 within less than a year. The after-debt / after acquisition cash flow will be $210,000 to the new owner, and represents an 80%+ return on cash down. The business has been pre-approved by SBA lending sources. The business had a dedicated employee staff for more than ten years, which is thoroughly familiar with all aspects of the business (owner is a three- month absentee owner” each year). *** ALL DATA BASED ON SIGNED TAX RETURNS ***

Year Established: 1975

Employees: 12 full time -

Relocatable: Yes

Facilities: ocated on the Jersey shore in a very attractive location. If buyer is interested in real estate, the owner will consider a sale at a very reasonable price.

Market Outlook and Competition: Competition: Company provides a “full service” approach, by selling and servicing equipment, which is in essence exceeding what typical box stores do. Further, the company belongs to a buying group enabling it to purchase equipment at a very competitive pricing (very often the purchase costs are less than the ones of box stores). Thus the two box stores, Home Depot (Brick) and Loews (Brick) do not represent a competitive threat. Growth and Expansion: Excellent, in particular, if buyer purchases the real estate and expandes show room

Management Training and Support: Owner is very motivated and will provide 6 months N/C training

Reason For Selling: Retirement