Highly Reputable Appliance Repair And Parts Biz

Business Overview:

For Sale: A Highly Reputable Appliance Repair and Parts Business Established in the 1990s Exclusively offered by Transworld Business Advisors of Cleveland Metro This exceptional opportunity offers a well-established appliance repair and parts business with a rich history dating back to the 1990s. Renowned for its outstanding service and reliability, the business has cultivated a substantial client base, largely built on word-of-mouth referrals, thanks to its excellent reputation. The business showcases a robust revenue model, with 60% derived from service calls and 40% from parts sales. This blend not only ensures a steady income stream but also highlights the company's versatility and ability to meet a wide range of customer needs. Key Highlights: Long-standing operation with decades of expertise in the appliance repair industry. Strong and stable revenue split between service (60%) and parts (40%), demonstrating a diversified income stream. A large portion of revenue is generated through word-of-mouth, underscoring the business's great reputation and customer satisfaction. Positioned in a niche market with a loyal customer base, offering significant growth potential for new ownership through marketing and expansion strategies.

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Property Features and Assets:

Monthly Rent: $1,000.00

Square Units (Foot, Meter): 2,500

Market Competition and Expansion:

Expansion: 

expanding into new territories presents a lucrative opportunity for growth. This strategy not only broadens the customer base but also diversifies the market reach, reducing dependency on a single geographic location and tapping into unexplored demand.

Expanding into new territories is a strategic move that requires careful planning and execution. However, with the right approach, it can significantly increase revenue, enhance brand visibility, and secure the business's position as a leader in the appliance repair and parts industry. By understanding the local market, leveraging partnerships, diversifying services, utilizing technology, and focusing on training, a business can successfully capitalize on the growth opportunities presented by new territories.

Reason for Selling:

Retirement

Additional Details:

Documents:

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