Appliance Repair Business with High-Volume Retail

Not Disclosed, CT

Connecticut


Asking Price: Annual Revenue:
$1,099,999 $2,077,668

Services: Home Improvement, Repair, Painting


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RE: Appliance Repair Business with High-Volume Retail Broker: David Richman
Owner Financing is Available!
Based on Buyer Qualifications

Quick Facts

Asking Price: $1,099,999
Annual Revenue: $2,077,668
Net Profit: Not Disclosed
Cash Flow: $410,724
Total Debt: Not Disclosed
FF&E: $48,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 447554665
Broker Reference #: CT-33

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Business Overview:

A excellent opportunity exists for a motivated buyer to purchase a turn-key high-volume appliance sales and repair service business.

This successful business was started over 20 years ago in Connecticut with a mission to provide major appliance brands at competitive prices. Strategic buying allows this store to meet and beat its competitors pricing and sales, including big-box stores. Consistently reliable delivery service, and expert in-home appliance repair, has built a large base of return customers and an exceptional reputation. An online presence has been cultivated to drive new business using a website with online sales capability, established social media, a 5-star rating on Yelp, and many 5-star ratings on Google with great testimonials.

Currently the business is family-owned, and the owner is retiring. This is an ideal opportunity for an existing company looking to expand their business or an industry professional looking for a turn-key, highly profitable business to run and grow.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Property will be leased to buyer.

Market Competition and Expansion:

Strategic buying opportunities have allowed this store to meet and beat competitor price and sales - including big-box stores like Best Buy, Lowes, and Home Depot. Great marketing, community presence, and exceptional networking have driven the name recognition throughout the state. The business has an online presence with the same respected reputation it carrys through word-of-mouth. The seller has grown the business into a very successful and profitable operation that is positioned for sale, ready for a new owner.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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