Business Description
APPLIANCE REPAIR SERVICE BUSINESS servicing 3/4 of Palm Beach County, FL with potential to grow
south into Boca Raton or north into the Treasure Coast.
Established 36 years.
Two fully equipped repair technicians and vehicles.
Office manager for dispatching and bookkeeping.
Owner does repairs and office work.
Thousands of loyal past customers - all residential.
Specializes in leading manufacturers from Whirlpool to Sub Zero, mostly out of warranty service.
Small service area with expansion opportunities.
Excellent books and records.
Average 70-80 service calls per week with little advertising and very limited competition.
Detailed Information
Reason for Sale:
Retirement
Hours Owner Works:
45
General Location:
Palm Beach County
Years Established:
36
Years Owned:
36
Organization Type:
Corp 'Sub S'
Emp FT:
3
Emp PT:
2
Mgrs:
0
Non Compete:
Miles:
50
Years:
5
Weeks Training:
8
Cost:
0
Operating dys/hrs:
Mo-Fr 8AM to5PM
Skills/Licenses:
Appliance Repair / Management
Skills/Licenses:
Relocatable:
Y
Home Based:
Y
Franchise:
N
Lender P/Q:
N
Data Source
Year (Cash Flow)
Gross Revenue
Cost of Goods
Gross Profit
Expenses
Net
Owner Salary
Benefits
Interest Expense
Depreciation
Other
Discretionary Earnings
P/L Statement
2022 (Y)
454,376
137,147
314,945
277,003
37,942
65,000
0
853
0
5,767
109,562
Tax Return
2021 (Y)
452,092
133,598
262,932
13,765
13,765
62,200
0
1,619
0
62,200
81,934
Tax Return
2020 (Y)
396,530
121,593
332,783
294,784
37,999
63,000
8,760
2,201
0
3,591
115,551
Accounts Rec
Inventory
F F & E
Leasehold
0
10,000
25,000
0
Lease/Month:
Terms and Options:
Building Type:
-
-
Square Footage:
Expiration Date:
-
-
-
Loan/Assumable
Amt:
0
Mos:
0
Rate:
0.00
Mo Pmt:
0.00
Loan/Seller
Amt:
75,000
Mos:
36
Rate:
7.00
Mo Pmt:
2,315.78
Loan/Other
Amt:
0
Mos:
0
Rate:
0.00
Mo Pmt:
0.00
Property Location
Palm Beach County, Florida, EE. UU.