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Financial Information

Asking Price: $350,000

EBITDA: $130,000

Gross Revenue: $858,000

Cash Flow: $130,000

FF & E: $24,000

Inventory: $20,000

Financing:

Business Location

Atlanta

Description

Well established appliance service and sales company operating in Metro Atlanta for 33 years. Very loyal customer base of over 10,000 households provide steady demand for appliance repair and installation. This business would be ideal for an owner/manager who wants to run the business with skilled techs performing the installation and repair work. Four service vehicles and trained technicians provide high quality, reliable repairs for dishwashers, ovens, icemakers, disposals, etc. Business has small showroom with samples for customers to select new appliances when repair is not economically feasible. Owners wish to retire, but one owner would consider working for new owner as service tech for up to 5 years. Owners will lease the current facility to qualified buyer. Even with the current economic conditions soft, 2011 revenues are up 24% from 2010 with continued revenue growth though 2012 and 2013. Purchase price includes parts and appliance inventory, service vehicles, and web site.

REASON FOR SALE

Owners retiring

facilities

2200 sq. ft. leased office and warehouse facility.

Details

Year Established:
1979
Full Time Employees:
4
Part Time Employees:
0
Listing ID:
1240

Ray Boreham

Senior Intermediary/M&A Advisor
770-936-9099 x 801

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