MergerPlace

PRICE REDUCED -

Minnesota


  • Asking Price: $120,000
  • Gross Income: $265,060
  • Cash Flow: $92,017
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $5,000
  • Listing ID: #219699
  • Established: 2008
  • Employees: 2 FT

Business Description

Twin Cities Metro area major household appliance repair and service. 65% of business is warranty service work for a major appliance manufacturer and 35% and is non-warranty service work. The service work is residential and apartment kitchen and laundry appliances and is performed by the owner and 1 full-time service technician. There is a full time office manager scheduling appointments and taking customer calls.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota

Company Information

Year Established: 2008
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT

Financial Information

Asking Price: $120,000
Gross Revenue: $265,060
Cash Flow: $92,017
FF&E: $5,000
Inventory: $25,000
Seller Financing Available: No

Property Information

Facilities:

Twin Cities Metro area major household appliance repair and service. 65% of business is warranty service work for a major appliance manufacturer and 35% and is non-warranty service work. The service work is residential and apartment kitchen and laundry appliances and is performed by the owner and 1 full-time service technician. There is a full time office manager scheduling appointments and taking customer calls.

Growth & expansion opportunities:

The relationship can easily be increased with the manufacturer. A new owner would want to add service technicians to handle the increased call volume from the manufacturer.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost New owner and any additional technicians should obtain their refrigeration (Freon) license. Appliance service experience or ability would be beneficial.

Contact Business Seller

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Business Listed By:

Pat Steffl

Murphy Business Brokers