This relocatable appliance repair company is priced to sell! If the appliance is in the laundry room or kitchen, they repair it! Jobs come from residential and commercial clients. In fact, the sales mix is 75% residential repairs and 25% commercial. Each job comes with a 90-day guarantee on all parts and labor. Technicians are factory/manufacturer certified, trained, and insured. They service commercial and residential appliances from all major brands. Brands include:
• Amana
• Frigidaire
• LG
• Maytag
• KitchenAid
Started over a decade ago, the company grew quickly. It acquired two companies, including assets and clients. Currently, the company has over 1,200 customers. As a result of strong repeat business, the customer retention rate is 80%. New customers come through referrals, social media, and the Yellow Pages. A website is used for appointments. Additionally, they offer coupons and discounts.
Because the company takes pride in providing superb, courteous service, they have excellent ratings and reviews. Customers love how quickly they receive service along with the quality of the work. Additionally, they like the competitive pricing and that the technicians are friendly and knowledgeable. Thanks to their superb service, they have great reviews on Yelp and Angi. It also has an A+ rating with the Better Business Bureau.
With major suppliers in place and a strong customer base, this makes an excellent opportunity for an experienced owner/operator. Also, the business would be a great add-on to an existing company in the industry.
The Seller is letting it go for a song! The original asking price was $250,000. The asking price is now $95,000 and that’s negotiable! This price is less than one times cash flow. You do not want to miss out on this golden opportunity. Contact us today!
Investment Considerations:
• Fully Relocatable
• Priced Less than 1xs Cash Flow
• Seller Will Negotiate Price
• Large Customer Base
• 80% Customer Retention
• Excellent Reviews
• Consistent Revenue
Facilities:
This business is fully relocatable. There is no real estate or lease.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Is Going Concern: Yes
Market Competition: The market is still growing. Competition comes mainly from companies that are part of a large company or who limit their service areas. Very few focus on commercial repairs.
