Red Hot Service Sector - Appliance Repair Business

Hatboro, PA
Montgomery County

Montgomery County Suburbs


Asking Price: Annual Revenue:
$110,000 $317,500

Services: Home Improvement, Repair, Painting


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RE: Red Hot Service Sector - Appliance Repair Business Broker: Stan Rubinstein

Quick Facts

Asking Price: $110,000
Annual Revenue: $317,500
Net Profit: $145,000
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 2
BBN Listing #: 823254405
Broker Reference #: PBA 1982

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Business Overview:

A specialized home service business has come to market. This is a NON-FRANCHISED business which is well established (25) years and extremely profitable. The Company currently services the Tri County area including Philadelphia, Bucks and Montgomery Counties. The business is primed for a highly motivated and energetic new Owner who wants to acquire the "perfect storm" and achieve instant growth with a stable reliable customer referral data base of over 20,000 customers and proven revenue stream. The Company provides specialized appliance repair services to its customers who are mostly residential end users. Home office makes this business relocatable and rent-free which results in extremely high profit margins. Customers prepay for services and products, which generates immediate cash flow with NO account’s receivables. The Company has built an impeccable reputation for quality and customer service, providing a significant competitive edge in its niche. The Owners have reached an inflection point and are forced to turn away solid business opportunities and growth due to pending retirement. Owner will train buyer in quoting various jobs, use of equipment, and application and completion of project(s) at customers' sites. Some “handy man” experience will prove helpful, but most repairs can be self-taught with the help of You Tube videos or manufacturer help. Seller is highly motivated to sell quickly.

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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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