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Alabama Business For Sale |
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| PREMIER TELEVISION REPAIR COMPANY |
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| Attn: Not Available |
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| Not Disclosed, AL, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Non-classifiable |
| Yearly Revenues: |
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$2,200,000 |
| Yearly EBITDA: |
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$463,000 |
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Business for Sale Overview:
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The company is a television repair company and an authorized service center for all makes of televisions. The Company serves local individuals and major extended warranty companies for all their repair needs. The Company is an authorized service center for major manufacturers.
The Company was operating at full capacity during 2006 and 2007; therefore, sales efforts were not a focus. The transition from in-shop repair to in home repair has had a profound impact on the Company’s capacity to grow the business.
Strong historical sales growth: Sales grew from $1,456,000 in 2005 to $1,980,000 in 2007 representing a Compounded Annual Growth Rate (CAGR) of 16.6%. This growth is attributed to transitioning from repairs in the shop to in-home repairs.
Reviewed financial statements: The Company’s financial statements have been compiled by an accounting firm. These statements are comparable and accurate.
Growing need for technical consumer electronics services: As household penetration for more complex consumer electronics offerings grows, demand for technical installation and repair services should increase. Some product offerings, like home computer networks and home theater, may be too complex for the average consumer to install or fix. By offering installation and repair services, electronics retailers provide one-stop shopping for technologically challenged consumers.
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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