Extremely Profitable Residential Appliance Repair Business

Homestead, FL
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Asking Price:$750,000
Gross Revenue:$1,230,608
Rent:$1,087
Established Year:2012
Cash Flow:$286,196
Inventory:$25,000
FF&E:$100,000
BUSINESS DESCRIPTION

Lender Pre-Qualified with $75,000 down

Reason for Sale:Retirement- Extremely Profitable Residential Appliance Repair Business. Company provides fast, friendly service on warranty & non-warranty on most major apppliances. Experienced team of appliance repair experts who have been servicing all major kitchen & laundry appliances. The company fixes a variety of appliances including washers & dryers, dishwashers,ovens & refrigerators, ice makers & microwaves. Service area is from Homestead to Jupiter (Miami Dade, Broward & West Palm Beach). The company strives to not just meet customer needs but to exceed expectations when it comes to customer service, strong values & technical expertise.2023 Owner Benefit $286k. 2024#'s - October. Lender qualified with $75,000 Down.


DETAILED INFORMATION
Location
Homestead, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
650
Lease Expiration
31/12/2024
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Amt:150,000 Mos: 24 Rate: 7.00 Mo Pmt:6,715.89
Support & Training
4 weeks no cost
Reason for Selling
Retirement
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Russell
Cohen
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Russell Cohen