Well-Regarded Second Generation Appliance Repair

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$3,000,000 $3,000,000

Services: Professional

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RE: Well-Regarded Second Generation Appliance Repair Broker: Raj Sheth

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $750,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 850726891
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Entering its 76th year, this well-respected service business has been a Long Island staple for decades. Ownership’s insistence on providing prompt, professional, and courteous service has been rewarded with an ever-growing and loyal customer base, built almost entirely on word of mouth! The company’s professional technicians have expertise in repair service on all makes/ models of appliances ranging from washers/dryers, ovens, stoves, refrigerators, barbecue grills, etc. Specializing in luxury brand repair, the firm is the preferred authorized servicer for Viking, LaCornue, Lynx, Broan, and others and receives many referrals from both manufacturers and distributors. Recent technological upgrades implemented by management and ownership often facilitate same-day service improving profitability while simultaneously enhancing customer satisfaction. The business is both recession and pandemic proof as evidenced by its 35% growth year-over-year on topline numbers the last two years and an average bottom line spike of 30%! Scaling is easily accomplished through expansion of geographical service area, advertising/marketing, and adding complementary offerings such as dryer vent cleaning, BBQ cleaning, and maintenance contracts. Completing this outstanding opportunity is a fleet of service vehicles fully stocked, a tenured office team committed to providing exemplary customer service, a professional, factory-trained technical staff, and an owner willing to stay on for an extended transition.

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Additional Details:

  • The property is leased.
  • The owner is not 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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