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The Wall Street Journal Online

Appliance Sales and Service

Atlanta, Georgia (Fulton County)

Photo Available
Asking Price:
$350,000
Gross Income:
$817,000
Cash Flow:
$119,883
EBITDA:
$119,883
FF&E:
$15,000.00 *
Inventory:
$20,000.00 *
Real Estate:
N/A
Year Established:
1979
Employees:
4 ft
Business Types:
Miscellaneous Repair Services
Miscellaneous Services

* included in the asking price

Business Description

Well established appliance service and sales company operating in Metro Atlanta for 33 years. Very loyal customer base of over 10,000 households provide steady demand for appliance repair and installation. This business would be ideal for an owner/manager who wants to run the business with skilled techs performing the installation and repair work. Four service vehicles and trained technicians provide high quality, reliable repairs for dishwashers, ovens, icemakers, disposals, etc. Business has small showroom with samples for customers to select new appliances when repair is not economically feasible. Owners wish to retire, but one owner would consider working for new owner as service tech for up to 5 years. Owners will lease the current facility to qualified buyer. Even with the current economic conditions soft, 2011 revenues are up 24% from 2010. Purchase price includes parts and appliance inventory, service vehicles, and web site.

Detailed Information

Facilities:
2200 sq. ft. office and warehouse
Support/Training:
Seller will provide 2 weeks training/transition
Reason Selling:
Seller retiring
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Broker Information

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Business For Sale Listed By

David Lyon
Sunbelt Business Brokers

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