Listing Number: 66644-520391
This appliance service company has provided excellent appliance repair for almost 55 years.The current owner acquired the business 27 years ago. Business is on major street. Well established and highly regarded. Only store in the area. Repair works for Microwave Oven,Vacuum Cleaner,Toasters and coffee machine etc.Owner operator will manage sales and day to day business operation. Huge potential to increase profits. Currently the business is family-owned, and the owner is retiring. Has plenty of free parking in the back. Current owner has agreement with couple of companies for warranty services for company that generates steady income. Great lease and landlord. It has a great reputation in the community and is primed for an enterprising new owner.
It is imperative that ALL potential buyers: (1) Sign an NDA, (2) Provide Proof of Funds (redacted), and (3) understand that no direct communication with the Employee or administrative staff is expected as a part of the pre-due diligence phase of the sale.
- Price: $65,000
- Down Payment: $65,000
- Sellers Discretionary Earnings: $36,000
- Total Sales: $72,000
- Location: Los Angeles County, California
- Inventory: $20,000
- FF&E: $0
- Year Established: 1992
- Reason for Selling: Owner Retiring
- Category: Appliances