For Sale: A Highly Reputable Appliance Repair and Parts Business

Ohio

Seller Financing Available

listing image
Asking Price:$125,000
Inventory:$10,000
FF&E:$20,000
Gross Revenue:$202,000
Rent:$1,000
Established Year:1995
BUSINESS DESCRIPTION

For Sale: A Highly Reputable Appliance Repair and Parts Business Established in the 1990s

Exclusively offered by Transworld Business Advisors of Cleveland Metro

This exceptional opportunity offers a well-established appliance repair and parts business with a rich history dating back to the 1990s. Renowned for its outstanding service and reliability, the business has cultivated a substantial client base, largely built on word-of-mouth referrals, thanks to its excellent reputation.

The business showcases a robust revenue model, with 60% derived from service calls and 40% from parts sales. This blend not only ensures a steady income stream but also highlights the company's versatility and ability to meet a wide range of customer needs.

Key Highlights:

Long-standing operation with decades of expertise in the appliance repair industry.
Strong and stable revenue split between service (60%) and parts (40%), demonstrating a diversified income stream.
A large portion of revenue is generated through word-of-mouth, underscoring the business's great reputation and customer satisfaction.
Positioned in a niche market with a loyal customer base, offering significant growth potential for new ownership through marketing and expansion strategies.

This business is ideally suited for an entrepreneur looking to enter a market with a proven track record of success or an existing company seeking to expand its portfolio. With its solid foundation, excellent reputation, and consistent revenue, it presents a lucrative opportunity for growth and continued success.

*Up to 25% seller financing available!


DETAILED INFORMATION
Location
Ohio
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
expanding into new territories presents a lucrative opportunity for growth. This strategy not only broadens the customer base but also diversifies the market reach, reducing dependency on a single geographic location and tapping into unexplored demand. Expanding into new territories is a strategic move that requires careful planning and execution. However, with the right approach, it can significantly increase revenue, enhance brand visibility, and secure the business's position as a leader in the appliance repair and parts industry.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Retirement
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Tom Rink