Listing Number: 022822-229003
Description
For Sale: A Highly Reputable Appliance Repair and Parts Business Established in the 1990s
Exclusively offered by Transworld Business Advisors of Cleveland Metro
This exceptional opportunity offers a well-established appliance repair and parts business with a rich history dating back to the 1990s. Renowned for its outstanding service and reliability, the business has cultivated a substantial client base, largely built on word-of-mouth referrals, thanks to its excellent reputation.
The business showcases a robust revenue model, with 60% derived from service calls and 40% from parts sales. This blend not only ensures a steady income stream but also highlights the company's versatility and ability to meet a wide range of customer needs.
Key Highlights:
Long-standing operation with decades of expertise in the appliance repair industry.
Strong and stable revenue split between service (60%) and parts (40%), demonstrating a diversified income stream.
A large portion of revenue is generated through word-of-mouth, underscoring the business's great reputation and customer satisfaction.
Positioned in a niche market with a loyal customer base, offering significant growth potential for new ownership through marketing and expansion strategies.
This business is ideally suited for an entrepreneur looking to enter a market with a proven track record of success or an existing company seeking to expand its portfolio. With its solid foundation, excellent reputation, and consistent revenue, it presents a lucrative opportunity for growth and continued success.
*Up to 25% seller financing available!
Listing Details
- Price: $ 175,000
- Down Payment: $12,500
- Sellers Discretionary Earnings: $ 67,814
- Total Sales: $ 188,067
- Location: Cuyahoga County, Ohio
- Inventory: $ 10,000
- FF&E: $ 20,000
- Employees: 2
- Year Established: 1995
- Reason for Selling: Retirement
- Category: Appliances
