Franchise Appliance Repair

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$99,000 $231,851

Services: Home Improvement, Repair, Painting

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RE: Franchise Appliance Repair Broker: Armen Nazarian
Owner Financing is Available!
$99,000 with $60,000 down, 8% int., amortized over 60 months, balloon due in 36 months

Quick Facts

Asking Price: $99,000
Annual Revenue: $231,851
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 755852001
Broker Reference #: 0193

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Business Overview:

This is a great opportunity to own a franchise Appliance Repair business serving Oakland County. Established since 2017, this profitable business never reached its full potential due to owner running the business absentee. Ratio split on accounts are as following: Residential accounts 95% and Commercial accounts 5%...Appliance service include: Kitchen and Laundry Room appliance repairs and maintenance. A fully, wrapped cargo utility van comes with the sale for all service calls. Current owner does no advertising… a new owner/operator with some creative advertising/marketing along with adding appliance installation, sell retail appliances, extending the hours and marketing to more commercial and industrial accounts, you have HUGE potential. This business has also been licensed and has the equipment to service dryer vent cleaning which current owner does not utilize. This is a turn-key operation that can be operated out of an office or home. A must see/must have business that will not last long! Seller will entertain all reasonable offers!!

Transfer/training fee: $5,000 Royalty/Advertising fee: 7%

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Property Features and Assets:

This is a great opportunity to own a franchise Appliance Repair business serving Oakland County.

Reason for Selling:

Absentee Owner / Owns other businesses

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 a franchise resale opportunity.

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