Location: Phoenix Metro
Listing ID: 2075
A Fast-Growing Market – No Appliance Repair Experience Needed
Looking for an essential, recession resistant business with strong cash flow? This business is for you. This established company has been servicing the Phoenix Metro Area for over 15 years, providing in-home repair of a wide range of residential appliances. Customers include homeowners and property managers for single and multi-family residences and condominiums.
The Company services the entire Phoenix Metropolitan Area, one of the fastest growing regions in the country. Demand for the Company’s services are growing with the overall market and has also been positively impacted by the shortages and extended lead times for new appliances. Like most repair services, the appliance repair market is considered to be recession proof and due to the complexity associated with various appliance repairs, is largely insulated from DIY repairs. Competition in the market is extremely fragmented providing an opportunity for market share growth.
This Company is an excellent opportunity as a stand-alone appliance repair business or as an acquisition for a plumbing, HVAC, electrical, duct/vent cleaning or an existing appliance repair business who desire to increase their customer base and revenue substantially.
The Company prides itself on honest and fair pricing on all repairs. The Company maintains an A+ rating by the Better Business Bureau and its 4.7-star rating, based on hundreds of Google reviews, attests to the Company’s excellent reputation in the marketplace.
The Company’s repair services are executed by a team of experienced technicians. Since the Company has a staff of experienced technicians, no technical experience is required to purchase this business. The business includes three fully equipped service vehicles in excellent condition as well as a robust management information system that streamlines bidding, scheduling and much more.
Growth opportunities are extensive. An increased focus on property managers/single and multi-family units will be easy to implement. Boosting social media marketing and SEO will escalate current organic growth via the Company’s online presence. Many additional services in complementary lines of business such as air duct cleaning, or commercial appliance repair can be added for additional revenue.
The Seller is retiring and is willing to provide seller financing for up to 70% of the purchase price on terms to be negotiated for a highly qualified buyer.
Total Sales: $1,400,000
Cash Flow: $225,000
Reason For Sale:
Training & Support:
4 Weeks Training