Home Appliance Repair Business at the Beach
Destin, FL
| Asking Price: | $725,000 |
| Gross Revenue: | $853,394 |
| Cash Flow: | $420,000 |
| Established Year: | 2007 |
Listing ID: 2035808Listing provided by BizBuySell
BUSINESS DESCRIPTION
Rapidly growing beach community where appliances outnumber people
This appliance repair company generates awesome income for an owner operator. Current owner will train new owner. The company repairs all home appliances and most all brands from the dishwasher to the wine cooler. The Destin area boasts 10s of thousands of condominium units and vacation homes with multiple appliance set ups in one residence.
DETAILED INFORMATION
Location
Destin, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
2
Facilities
3 year lease in commercial ; book of business, inventory of appliances and parts.
Competition
Competition is not very strong. There are other repair companies in the area; however, the service is not as good. The location of this business is central to all the condominiums and beach towns along Hwy.98
Growth & Expansion
There are great growth opportunities as this area of Florida is growing fast. Also, if more technicians are trained the work load could grow exponentially.
Financing
The Seller will consider some Seller financing; however, it will be limited.
Support & Training
Owner will stay on for 6 months to year and train new owner technician. However, some experience in appliance repair should be had by who ever is running the day to day.
Reason for Selling
Retiring
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