Business For Sale

Profitable Appliance Repair Company Since 1958

Burbank, CA
Los Angeles County

San Fernando Valley LA County

Asking Price: Annual Revenue:
$425,650 $489,650

Manufacturing: Machinery

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RE: Profitable Appliance Repair Company Since 1958 Broker: Alex Levitan
Owner Financing is Available!
Financing is available with large down payment and verifiable collateral.

Quick Facts

Asking Price: $425,650
Annual Revenue: $489,650
Net Profit: $215,450
Cash Flow: $215,450
Total Debt: Not Disclosed
FF&E: $9,000
Real Estate: Not Disclosed
Year Established: 1958
Employees: 5
BBN Listing #: 521352285
Broker Reference #: ApplianceRepairSFV

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Business Overview:

Very Motivated Seller!!

Great opportunity to invest and operate well established [founded in 1958] and profitable Small Alliance Repair Company located in the San Fernando Valley area of Los Angeles County. Stoves, Fridges, Microwaves, Trash Compactors. Complete service, repair and installation. At the present time there 3 technicians, a few years ago 6 technicians were employed. Although there are plenty of jobs for more techs, seller chose that he is comfortable with 3 at this time. Averages 20-25 jobs a day. Closed on weekends – opportunity knocks! Company was established in 1958 and had 2 owners so far. Under second owner since 1990. Well established relationships with over 60 Real Estate Management Companies. Authorized Whirlpool Repair Facility. Price includes 3 trucks with parts and tools. Services area is from Downtown to Santa Monica, 118 to Culver City. W2 employees. In addition to service and repairs, this company sells new and used appliances that greatly contribute to cash flow. The value of used appliances available for sale and parts is over 100K and included in price. Annual sale is steady in 500-600K range and seller’s cash flow on the books is around 200K including addbacks and owner’s compensation. We are looking for a buyer who knows the appliance repair business. Sellers may consider staying and training buyers on consulting basis for a reasonable amount of time. Great location, good lease terms, 12,000 square feet area. Buyer may choose to relocate to smaller space if needed. Well trained employees allow owner/seller to take time off without any limitations in the business flow.

Please call Alex Levitan – Pacific Business Brokers, for more information.

Please note that financial statements will be presented to potential buyers only upon verification of liquid funds. Seller may consider carrying papers with substantial down payment and sufficient and verifiable collateral located in the United States.

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Reason for Selling:

Other Business Plans.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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