Major Appliance Service Provider San Jose

San Jose, CA
Santa Clara County

South Bay Area


Asking Price: Annual Revenue:
$99,000 $350,000

Services: Utilities: Electric, Gas, Water, Sanitary


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RE: Major Appliance Service Provider San Jose Broker: Tim Cunha
License #: BRE LIC # 01919755

Quick Facts

Asking Price: $99,000
Annual Revenue: $350,000
Net Profit: $180,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: Not Disclosed
BBN Listing #: 839339224
Broker Reference #: 6002

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Business Overview:

This appliance service company provides excellent 'factory-authorized' appliance repair with a sterling reputation for almost 40 years. It is a 'Diamond Certified' company, the first in Santa Clara & San Benito Counties. The current owner acquired the business 20 years ago, after having spent many years as an employee. Based on Diamond Certified random customer surveys, they enjoy a 'very satisfied' rating of 96%.

For the past 12 years, the business has specialized in the repair of only the best quality brands, such as Sub-Zero, Wolf, & Scotsman, as well as KitchenAid, GE, Dacor, and Bosch, among several others.

There is more demand for their services than they can handle, so adding an additional technician could double sales and more than double profits. Currently, the owner-manager handles all the technical service calls. He operates from a home office and, therefore, has no rental expense. He typically takes 3-day weekends off and at least one 3-week vacation every year, plus all holidays; the revenue generated supports a lifestyle of personal freedom. A new owner could increase the hours worked and/or hire a technician, with plenty of demand to generate additional sales and profits.

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Property Features and Assets:

Sales are about $350,000 per year, with Seller's Discretionary Earnings ('SDE') of about $180,000+. Parts inventory is typically about $15,000. Tangible assets include a purpose-built utility trailer containing all necessary tools, instruments, and equipment. An extensive customer database, a decades-long telephone number, factory-authorizations, and years of market exposure and presence are invaluable intangible assets a new owner would acquire.

Market Competition and Expansion:

Price & Transaction. The price is $475,000 (subject to negotiation and terms). The business is offered as a sale of all the tangible/physical assets of the company, plus the intangible property, including the highly-valuable business name, logo, websites, phone numbers, customer data, etc. It does not include accounts receivable, cash on hand, and facility rent deposits; inventory is included in the sale, but the approximately $400,000 of inventory would be in addition as negotiated by the parties. Work-in-process would be pro-rated. The seller will be responsible for all accounts payable through the date of closing. The current owner would be open to a training & transition phase to facilitate a smooth transfer to new ownership. Exclusive Broker: Tim Cunha DRE#01919755 Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of appropriate qualified professionals prior to purchasing the Business.

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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