Durable Consumer Goods Repair
Location Colorado,United States
Asking Price Range < $250K
Gross Revenues $141987
Net Profit / Cash Flow $102174
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 30000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train and familiarize the new owner or employee how to do the work.
Reason for Sale Relocation out-of-state
Description A unique and compelling opportunity! This specialty business is very well-established reputation as the quality service provider for the Rocky Mountain region. The business repairs durable products owned by nearly every consumer, and yet the competition is minimal. Currently, this operation has excellent profits while doing only basic advertising. A new owner could grow the business by increasing consumer and commercial visibility of the company's services. Revenues are from two sources: 1) transferable accounts with four major manufacturers (and 18 smaller accounts) who pay for repairs on warranted products; 2) consumers who pay for repairs out of pocket. Many parts and supplies are provided free of cost by manufacturers. Repairs are typically quick, and seller will train and familiarize the new owner or employee on how to use the hand tools and industrial sewing machine. Owners are wife and husband and they do all the work themselves. Without employees, they can barely keep up with the demand for their work and always have a backlog of repairs to complete. Business is located in metro Denver and currently rents on a month-to-month basis, and can be relocated. Owners are selling in order to move out-of-state for personal reasons.
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