Established Palm Beach Used Appliances Service And Sales For Sale

Business description

30 Yrs established business which sells and services all makes and models of major appliances (washers, dryers, ranges, dishwashers, refrigerators, garbage disposals) such as GE, Sears Kenmore, Whirlpool, Kitchenaid, Maytag, etc, Approximately 80% of company's revenue is from service. Six full time service techs are on the road six days a week. Company has main showroom located on extremely busy road with outstanding visibility. Seller states annual sales to be
$1,350,232 and annual net income to be $324,498. Approximately $58K in inventory and five pick-up trucks/one delivery truck included in asking price of $799K. Owner is retiring but will stay on to ensure a smooth transition. Outstanding reputation for service, quality, and honesty has created a tremendous amount of goodwill and repeat business over the years. Please contact Martin Berliant below for more information.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

retirement

Employees:

10

Years established:

1981

Other information

Support & training:

two weeks

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$58,000 (included in the asking price)