This is a niche retail store that specializes in selling secondhand appliances. The store charges a fee for people to drop off their old appliances. If the old appliance is beyond repair, the old appliance is sent to a metal recycler where the metal recycler pays the store a fee for the metal. If the old appliance can be repaired and polished, an in-house technician fixes it up, and the store sells the used appliance again for a profit.
The store is located on a busy street in an area of Snohomish County, WA where people are more likely to buy used appliances than brand new appliances.
Competition / Market Pros & Cons
The business is not glamorous, but it is profitable.
Growth and Expansion Pros & Cons
With better management and marketing, revenues and profits could be taken to the next level.