Appliance service business in greater Phoenix w...

Confidential, AZ

Asking Price: Annual Revenue:
$395,000 $517,270

Services: Home Improvement, Repair, Painting

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RE: Appliance service business in greater Phoenix w... Broker: Terry Kelm
Owner Financing is Available!

Quick Facts

Asking Price: $395,000
Annual Revenue: $517,270
Net Profit: Not Disclosed
Cash Flow: $144,318
Total Debt: Not Disclosed
FF&E: $42,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 4
BBN Listing #: 322738691
Broker Reference #: MINNEMN001-N1840

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Business Overview:

This business is eligible for SBA financing and for qualified buyers they will have NO PAYMENTS for the first 3 months! For every homeowner, appliances serve an essential role in being able to perform the most basic tasks in our daily life. Unfortunately, our dependence on appliances becomes overwhelmingly evident when appliances eventually break down and require repair. This headache is only equaled by the process of attempting a find a quick, easy and reliable solution. This appliance repair company has cultivated a tremendous reputation in the greater metropolitan Phoenix area as a competent, efficient and professional solution to every homeowner’s appliance repair needs. For over 20 years, this company has been providing top quality service with their team of both experienced and dedicated technicians. They focus primarily on premium residential appliance brands with factory authorization to provide repair services to both in and out of warranty appliances. Additionally, this company is the preferred vendor for a leading big box store chain. Whether it’s in-home service, replacement parts or a small appliance that needs service, this company provides customers with several options to fit their needs. As an essential business, they have remained opened during the Covid era and continue to show excellent profits and sales. The business has a strong financial component, with sales in excess of $500,000 and owner cash flow in excess of $160,000 annually. Attractive bank financing options are available for the qualified buyer, with a down payment of under $50,000 and under the new CARES Act, the buyer would, if they secure SBA financing, enjoy 3 months of NO PAYMENTS plus reduced loan origination costs. There are tremendous growth opportunities available to further capitalize on the great foundation the owners have built. Those owners wish to focus on their other business endeavors, which means a high performing appliance repair business is on the market. The mature industry, excellent reputation in the market, status as a warranty repair expert, loyal customer base, healthy owner profits and opportunities for growth combine to make this an attractive and rewarding business opportunity. Inquire today to learn more!

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Reason for Selling:

Other Business

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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