Slashed to 1.3X Earnings:Comm. Appliance Repair

Not Disclosed, CT
Litchfield County

Litchfield County

Asking Price: Annual Revenue:
$225,000 $266,170

Services: Business & Office Services

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RE: Slashed to 1.3X Earnings:Comm. Appliance Repair Broker: Alan Zinser
Owner Financing is Available!
Lender pre-screened with $56,250 down.

Quick Facts

Asking Price: $225,000
Annual Revenue: $266,170
Net Profit: Not Disclosed
Cash Flow: $177,680
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 1
BBN Listing #: 5444955
Broker Reference #: 3202-13213

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Business Overview:

With no Real Estate or occupancy costs in this home based business, this one-man operation generates over $170,000 in high-quality income per year and an incredible 79% ROI. For less than 1.3X earnings, you can step into this turn-key operation if you have the necessary technical skills. Established, highly profitable Commercial Appliance Sales, Service & Installation Business for Sale. Specializes in sales and service of commercial cooking, refrigeration, dishwashers, ice makers, exhaust hoods, mixers, slicers, disposals and water treatment & filtration systems.

The business has long-term relationships with 775 commercial clients across Western & Central Connecticut. This business generates high-quality income servicing commercial kitchen equipment. The business also generates some income for the sale of high-end kitchen equipment through assignable dealer relationships.

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Property Features and Assets:

This turn-key business comes with hard assets with an estimated FMV of $75,000. Intangible assets include websites and domain names, phone number, client lists and valuable brand name and reputation. Established customer base provides steady income through economic cycles. No Real Estate needed as this business is efficiently operated with a van and a smart phone. Well stocked, high-end service van, inventory and equipment is included with business. This is a great opportunity for an experienced technician to move into your own established business and KEEP WHAT YOU EARN WITH THIS PROVEN GENERATOR OF HIGH QUALITY EARNINGS. Assets = $63,550

Market Competition and Expansion:

Forget the crowded, low-margin residential appliance repair sector, COMMERCIAL APPLIANCE REPAIR IS WHERE IT IS AT: This business's core client is any entity (public or private) with a commercial kitchen. Conducting both emergency repair and regular maintenance services is relatively insulated from economic conditions and can't be outsourced overseas. The business generates high margins from consistent revenues generated by a diversified client base that literally can't function with its services. Since 2005, this company has serviced the Commercial Appliance Repair and Sales need of over 770 commercial clients in the affluent markets of Western and Central Connecticut.

Reason for Selling:

Owner is relocating out of state.

Additional Details:

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

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