$395,000

Successful Appliance Repair Business in FL

Florida/Jacksonville
Financials
  • Price: $395,000
  • Gross Income: $719,000
  • Cash Flow: $132,000
  • FFE: $0
  • Inventory: $0
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #appliancefl
  • Year Established: 2017
  • Financing:
  • Training:
  • Facilities:
  • Competition:
  • Growth: Excellent Growth
  • Employees:

Property Descriptions

**SBA Pre-Qualified opportunity with the buyer potentially only putting down 10%. This business is recession proof with no receivables and extremely low overhead. It is a locally owned home-based business in Northeast Florida that is BBB A+ rated that focusses on community and customer care. They have been in operation since 2017 and have factory trained technicians. They are growing consistently and with the economy softening people will repair their appliances instead of buying new. They specialize in appliance repair services that are very responsive and professional. The operation is well diversified with income coming from both residential and B2B accounts. They have a large customer database of customers and utilize CRM software to manage their experiences and continued engagement. Perfect opportunity to expand through acquisition for any similar business. There are two owners that are actively involved in the business. The organization is comprised of four employees, three technicians & one office manager. All technicians have completely stocked vehicles. Special orders are sourced on a per order basis. This is a great opportunity for a related home service business like HVAC, electrical, or plumbing to increase their rate of return per household and add to their database. Alternatively, a new owner can take over with or without industry knowledge to bring new energy and life to an already well-established business. The business is a turnkey scenario with all the techs self-sufficient that need little supervision. One seller wants to pursue other interests, and the other one is willing to stay on with the new owner. Both sellers will assist during the transitional period. The remaining employees are available to work with a new owner. Don’t miss this opportunity. THE NEW OWNER WILL INHERIT Diversified customer base Leading reputation Potential for growth Positive cash flow Operational systems Strong vendor supplier relationships

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Business Listed By

Vasilis Georgiou 7700 Irvine Center Drive, Suite 800, California, Irvine
  • E-mail : georgiouv@crossroadsbusiness.com
  • Web : https://crossroadsbusiness.com
  • Phone : 949-753-2825
  • Company : CrossRoads Business Brokers Inc.
  • Listings : 14