Appliance Repair & Service Company with long standing relationships consisting of a large volume of clients which include many National Appliances Retail Distributors. The company has a consistent yearly net income of $92,000 and continues to expand yearly. This company services and repairs all types of household appliances including Washers, Dryers, refrigeration, freezers, Ice makers, gas stoves and more. They also service the warranties for home appliances for many National appliance retail stores and insurances companies. They are well known in the area and service Monmouth and Ocean Counties. They repair existing appliances and supply quality professional service. This business uses only the highest quality materials to ensure that the appliances perform at an optimum level. The company is licensed with the NJ State, EPA and has a solid reputation and the customer is assured of obtaining professional service. The business also offers emergency service to its customers they service. This is a solid and professional business with a successful reputation for the best service possible. The sale includes basic repair equipment and general tools required for this industry. The retail store is active six days per week, (closed Sunday) and the repair service is based strictly on appointments. The business has a New Jersey State issued contractor’s license and agreements with numerous National appliance companies to supply the required appliance repairs. The Company has two employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll is approximately $5,400. This business does not have a commercial location; however, the new operator is free to further develop the company with a lease facility. Based on the asking price, required down payment and net income this business will continue to supply a wonderful return to the owner operator prior to debt service. The owner will supply training and owner financing is available to a qualified buyer. The business has yearly sales of $445,778 and a net yearly income of $95,101. The business has been valued at $250,000 based on a multiple of the net yearly income and owner financing is available to a qualified buyer with the appropriate down payment. This transaction is confidential all viewings are by appointment only and photo may not represent this particular business.
Asking Price $250,000
You May Also Like
Appliance Repair Cash Cow – National Brand #453087 posted Sep 3, 2016
- Pennsylvania, United States
National Brand specializing in emergency repair services for both households and businesses. This is a recession proof business that is not affected by the economy. A new owner does not have to work weekends. Highly confidential sale – please email for specific details on this company. Financing...
Major Appliance Repair Company #407327 posted May 17, 2016
- New Hampshire, United States
Well known and respected appliance repair business with more work than it can presently handle, it services Southern New Hampshire and Northern Mass. In business for over 28 years, it presently has taken on prime warranty work for two major retailers and a major manufacturer, which has already doubled...
Established Vacuum Sales & Repair Center- For Sale #455458 posted Oct 7, 2016
- Lynchburg, Virginia, United States
Established Sales and Repair Center for most major vacuum cleaner brands—Electrolux, Hoover, Kirby, and Filter Queen. Both new and refurbished machines for home and commercial use. Location is Central Virginia. Inventory includes 100s of high-performance uprights and lower-end lightweight models. Complete...
Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.