Established Appliance Service Business

Established appliance service business serves a broad base of customers and maintains an excellent reputation in a wealthy mountain market. The business serves both commercial and residential customers. The business is currently being managed remotely, and could be acquired by an absentee owner or an owner/operator.

Down Payment: $50,000

Total Sales: $85,630

Cash Flow: $58,651

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: N/A

FFE Included: No

Inventory: N/A

Inventory Included: No

Year Established: 2008

Days & Hours of Operation: 8am - 5pm

Non-Owner Payroll: $10,929

Employees: 2

Absentee Owner: Yes

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Type of Location: Remotely managed, home based business

Franchise: No

Relocatable: Yes

Facilities Information:

This is a virtual business with employees who have their own vehicles and tools.

Terms and Conditions?:

The business is offered at $100,000 with $50,000 in seller financing.

Reason For Sale:

Seller has moved out of state and wishes to establish an appliance service business where he lives now.

Training & Support:

1-2 months, as needed.

Owner Qualifications:

The new owner should have some technical knowledge of appliances and their service needs.

Potential Growth:

With additional service reps, growth would be easy. The business already has more customer inquiry than it can manage.

Financing/Terms:

$50,000 2 year seller financing with at 5% interest.