Established Appliance Repair Biz - Absentee Owner
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $78000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1993
Number of Employees 1 - 3
Inventory 8500
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training 2 weeks at no cost
Reason for Sale Relocation.
Description Established and profitable appliance repair business for sale. Business has over 350 accounts. It advertises in local yellow pages, white pages and the Internet. The company has a reputation for being fast, reliable and mainly, PUNCTUAL. Service Calls are taken care of within a 24-hour period, even though the company responds to MOST of the calls within 1 (one) hour. Owner works usually 2-4 hours per week; occasionally he helps with 1-2 services calls that make his working time only 8-10 hours/week (a portion of the mgr salary added back). 3 (three) subcontractors working (One of them being a manager/service tech, two A/C subs). The company deals mainly w/ residential accounts (about 95%) and some Commercial for A/C work (about 5%). Business is currently operated out of a home office.
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