Financial Information
Asking Price: $180,000
EBITDA: $97,272
Gross Revenue: $751,636
Cash Flow: $97,272
FF & E: $18,500
Inventory: $20,000
Financing:
Business Location
Atlanta
Description
Opportunity Type: Acquisition
Headquarters: Atlanta
Service Areas: Metro Atlanta
Ownership: S Corporation
Established appliance sales, repair and service company in Metro Atlanta with over 40 years of serving a base of over 7000 loyal repeat customers. Contracts with most major manufacturers allow customers to purchase a wide choice of new appliances should repair of an aging appliance not make financial sense. Two service trucks with trained technicians provide quality repair for dishwashers, ovens, icemakers, washers, dryers, and refrigerators, as well as delivery and installation of new appliances. Revenues for 2017 year-to-date are consistent with 2016. This is an excellent opportunity to acquire a solid business with outstanding growth potential.
INVESTMENT HIGHLIGHTS:
- Ability to service and repair appliances and well as sell and install new appliances
- Over 40 years of serving loyal repeat customers.
GROWTH OPPORTUNITIES:
- The Company does very little marketing. Updated website and use of social media could increase growth.