MergerPlace

Be Your Own Boss - Appliance Technician

Florida (St. Johns)


  • Asking Price: $105,000
  • Gross Income: $263,896
  • Cash Flow: $108,039
  • Real Estate: Not Disclosed
  • Inventory: $750
  • FF&E: $16,500
  • Listing ID: #205651
  • Established: 2010
  • Employees: 1 PT

Business Description

One person Appliance repair business for sale in St. John's County! Be your own boss, live in sunny Florida and get paid at the same time -- this business is perfect for you! This appliance business has been around for over 8 years and has a continuous stream of business keeping the owner as busy as they want to be! Clean books and records and work from home makes this the perfect business for an Appliance Technician! Includes 2 well-equipped service vans and all of the necessary tools. One full time technician will continue with the buyer. This business provides repair service for major household appliances. They do not handle HVAC, electric or plumbing problems. The principle customers are private homeowners and rental agents representing absentee owners. Approximately 30% of the total revenue is from the sale of new replacement appliances. Call Today!


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: St. Johns

Company Information

Year Established: 2010
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1 PT

Financial Information

Asking Price: $105,000
Gross Revenue: $263,896
Cash Flow: $108,039
FF&E: $16,500
Inventory: $750
Seller Financing Available: No

Property Information

Growth & expansion opportunities:

Unlike a retail appliance business, the internet cannot replace an independent technician. The potential for growth over the next few years is huge. Online retailers like Amazon will be compelled to sub-contract their warranty service to independent businesses like this Appliance Service.

Competition:

Changes in consumer use of the internet to purchase appliances directly has had a positive impact by reducing the number of retail Appliance Stores that offer repair services. There may be slightly fewer competitors now than in the past. But the outlook is bright when you consider that items purchased on the internet will require that warranty service, general service and installation be performed by an independent technician.

Reason for selling:

Retiring.

Support & Training:

Will train for 2 weeks @ no cost. The business does not handle any products, like refrigerants, that pose any environmental threat and they do not perform any electrical or plumbing service. The only licenses required are the typical state and local fee based business permits and licenses. Some of the manufacturers may require technical certification before warranty work can be performed.

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Business Listed By:

RH Hunnings

Murphy Business Brokers