Businesses For Sale > Business For Sale in California (CA)
Appliance Repair Service - Since 1960 for sale in CA
California (CA)
Asking Price: |
Gross: |
Cash Flow: |
$ 559,000 |
$ 820,000 |
$ 234,000 |
Furniture and Fixtures Value:
(included in the asking price)
Inventory Value:
$ 25,000 (not included in the asking price)
Business Summary:
This profitable appliance repair shop has been in business for over 55 years. Due to their reputation for excellent and prompt service and their established name for appliance service, approx. 90% of their service business is repeat and referral. They service and have parts for most top name brand appliances. Their four service techs and staff have worked for the company for an average of 9 years and know their customers. Owner turns away service due to only having four technicians and he wants to retire. Buyer could expand the business with minimal investment. Upside potential includes mining the Company’s extensive customer data base. Note: A customer that the broker on this listing knows bought appliances from the Company 28 years ago when he built his home. The Company had a file on that customer’s project that noted all of the appliances that the Company installed in that customer’s home 28 years ago. The Company has excellent accounting and tax records. Five service trucks are included with the sale. Seller is motivated and will carry up to a 25% seller note for a strong buyer.
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Year
Business was Established: 1960 |
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Number of Employees:
4 FT |
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Facilities / Terms of Lease:
2,000 square foot facility at a monthly lease rate of $3,000 |
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Owner
willing to finance:
Seller is motivated and will carry up to a 25% seller note for a strong buyer. |
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Reason for selling:
Retirement |
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Seller Reference Number: bm1549569584
BusinessMart.com Listing Number: 204135 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
D. Joe Atchison, DRE #01438544
Sunbelt Business Sales, Mergers & Acquisitions
9516785671
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