Appliance Repair Business

Santa Rosa, CA (Sonoma County)

Seller Financing Available
Appliance Repair Business

Asking Price:$35,000

Cash Flow:$86,201

Gross Revenue:$143,500

EBITDA:N/A

FF&E:$1,675

Inventory:$11,000

Lease Rate/Sq. Ft.:N/A

Established:1984

Appliance Repair Business

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Business Description

Mobile Appliance Repair Business for sale. $35,000 Grossing approximately $140,000 per year. Add to your existing appliance repair book of business. Our buy the seller's fully outfitted van for FMV and be ready to roll.

Seller is moving out of state and wants to sell now. Business excludes van which can be purchased at FMV and financed with CU or bank.

This is an outstanding opportunity for an experienced appliance repairman to step into or add to an existing business. Seller has operated this highly successful, well respected business for over 32 years. Yelp reviews average 4.5 out of 5.0 and the phone never stops ringing. Loyal customers and referral sources with approximately 50% referred from home warrantee companies and the half from long-standing reputation.

Opportunities for growth: Increasing market size, adding commercial, and accepting more of the highly profitable warrantee referrals the current owner declines to maintain the production level he has decided works for him.

Assets include the complete current customer list created over years, phone number, well documented business records on Quickbooks, vendor lists, computers, printer, monitors.

Excellent history with its suppliers means low inventory as next day delivery is the norm. The inventory carried is included in the sales price and is estimated to be $11,000. Seller will help transition the vendor and customer relationships to the buyer and instruct on operations.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business located in Santa Rosa since 2010 but in business for 32 years. Loyal customers and great relationship with the warrantee companies. Selling the phone number, customer list, client intro for smooth transition. Add to our existing client base or buy seller van for additional amount.
Competition:
There are other mobil repair companies, but this company has been in business in the local area with a great representation for many years. Owner says he turns away work because he is so busy. Plenty of room for growth.
Growth & Expansion:
Positive growth trend over past several years. More growth possible as current owner turns work away. Buyer could expand warrantee work and target commercial account businesses.
Financing:
15000
Support & Training:
2 weeks
Reason for Selling:
retiring

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Donald Glidewell

Business Listed By:
Donald Glidewell

Transworld Business Advisors Benicia

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