Long Standing Electronics Repair Business
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $350000
Net Profit / Cash Flow $131000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1975
Number of Employees 4 - 5
Inventory 5000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Up to one month.
Reason for Sale Want to relocate to south and warmer weather.
Description This long standing electronics repair business repairs plasma Tv's as well as big screens, DVD's, stereos and PC's. They are the choice in Lake County and surrounding areas. They have a very good service contract business with customers through Best Buy, GE, Circuit City, etc. amounting to about 33% of revenues. This business is extremely profitable. 2005 and 2006 cash flows and revenues steady at $125,000-$150,000 and $350,000. Pride themselves on lower prices, quick service and quality work Unlike small TV's, big screen and plasmas are repaired instead of replaced due to the higher prices. Customers are loyal and use company because of lower pricing. Advertising in Yellow pages, direct mail, and local newspapers. There are 5 hourly employees that operte as techs. Technicians are hard to find and serve a great need. Do on site and offsite work. A great opportunity for someone with electronic repair background who would expand the PC repair portion of the business. Contact for more information on this Electronics Repair business for sale.
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