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Appliance Repair Business

Location: Wilmington, NC

ID: (#200677)

200677
Price:$625,000
Revenue:$1,200,000
Cash Flow:$220,000
FF&E (Assets):$43,000
Inventory:$53,000
Real Estate:$0

Overview

Profitable appliance repair business for sale. Well trained staff, efficient processes, exceptional customer service and effective marketing channels in place. This business has a great reputation for its attention to detail and cleanliness.

The business services all major brands and has service contracts with several brands. Owner has minimal involvement in the day to day operation of the business.

Details

Reason for Selling:

Pursing other business interests

Established:

2005

Employees:

12

Furniture, Fixtures, and Equipment (FF&E):

Trucks, tools, office equipment, included in the sales asking price.

Facilities:

Leased office location and parking space for company trucks, can be transferred to new owner. Business can also be moved to another location in the area as the business does not depend on walk-in customers.

Competition:

With limited competition, this business’ strength is its efficient processes and outstanding customer service. The market served is within about 45 min drive from the office location.

Opportunities for Growth:

20% revenue increase 2019 over 2018. Continuously growing demand in the area.

Support and Training

The seller is willing to remain with the company for a certain amount of time to assist in the transition and training of the new owners. After that time the Seller and Buyer may enter into a consulting agreement for terms and conditions to be determined later.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • Bristol Group Carolina
  • North Carolina - Wilmington
  • By Appointment Only
  • Wilmington, North Carolina
  • Real Estate Broker: Bristol Group Carolina