Commercial Appliance Service & Repair Business

Dublin, CA (Alameda County)

Commercial Appliance Service & Repair Business

Asking Price:$620,000

Cash Flow:$152,265

Gross Revenue:$1,356,565

EBITDA:N/A

FF&E:$156,500

Inventory:$309,000

Established:2003

Commercial Appliance Service & Repair Business

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Business Description

This very profitable company provides maintenance, repairs/replacement parts sales to commercial food service kitchens for School Cafeterias, Corporate Cafeterias, Hospitals, Hotels, Restaurants and any establishment with a commer-cial kitchen.
- Highly trained and experienced technicians
- Excellent service provided, resulting in long-standing customer
relationships
- One-day or 24-hour turnaround on all service calls
- Provide a 30-day labor warranty and a 90-day parts warranty
- Employees are dedicated to making the company successful
- The staff is very experienced with over 90 years in cumulative
knowledge of the industry

Detailed Information

Inventory:
Included in asking price
Employees:
12 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business has two locations, with the first consisting of the corporate offices and main warehouse, and the second location consisting of an office space and wharehouse. The first location utilizes an area of approximately 5,000 sq. feet, with a current monthly rent of $5,800 (includes maintenance and property taxes). The second location utilizes an area of approximately 1,200 sq. feet, with a current monthly rent of $1,200 (includesCAM).
Competition:
This company's main advantage over its competition lies in its ability to provide excellent turnaround time for all of its service calls. The company prides itself on being able to service its customers on a same-day or 24-hour basis, while the competition generally requires anywhere from 4-7 days. A few sources of outside competition stem from those companies in the gas and electric business, including anyone with a basic knowledge of gas and electricity. In such cases, the competition focuses on the small mom and pop restaurants and cafes. Competition also exists among those companies that service most restaurants (including chains) in general, as well as service companies with 4 or more outside field technicians capable of servicing most any size customer.
Growth & Expansion:
A growth consideration would be the need for additional capital which would provide a means for expansion and other improvements, such as the ability to hire more qualified, expertly trained technicians to do the repairs.
Financing:
Negotiable
Support & Training:
Seller is willing to negotiate a reasonable training period.
Reason for Selling:
Health and retirement.

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Ronald (Ron) C. Johnson, M&AMI, CBI, CBB

Business Listed By:
Ronald (Ron) C. Johnson, M&AMI, CBI, CBB

ABI Business Sales - Mergers & Acquisitions

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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