Major Household Appliance Repair and Service

Not Disclosed, MN


Asking Price: Annual Revenue:
$145,000 $265,060

Services: Non-classifiable


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RE: Major Household Appliance Repair and Service Broker: Pat Steffl

Quick Facts

Asking Price: $145,000
Annual Revenue: $265,060
Net Profit: Not Disclosed
Cash Flow: $92,017
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 2
BBN Listing #: 94404955
Broker Reference #: 5101-15600

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Business Overview:

Twin Cities Metro area major household appliance repair and service. 65% of business is warranty service work for a major appliance manufacturer and 35% and is non-warranty service work. The service work is residential and apartment kitchen and laundry appliances and is performed by the owner and 1 full-time service technician. There is a full time office manager scheduling appointments and taking customer calls.

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Property Features and Assets:

This business is relocatable and is currently run out of the owner's garage. Assets= $30,000

Market Competition and Expansion:

The relationship can easily be increased with the manufacturer. A new owner would want to add service technicians to handle the increased call volume from the manufacturer.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • 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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