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- RE: Mr. Appliance Of Dearborn Heights Franchise (Open)
- Contact: Tim Rice
Quick Facts
Asking Price: | $85,000 | |
Annual Revenue: | $165,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 2 | |
BBN Listing #: | 134756536 | |
Broker Reference #: | 98442-765497 |
Business Overview:
Start making money right away! Skip the pains of start-up.Mr. Appliance of Dearborn Heights Franchise is available for sale. This location encompasses all of Dearborn Heights, prime zip codes in West Dearborn, all of Allen Park, Taylor, and Inkster. Other areas not owned by other franchisee offices are available to service. These areas will be disclosed in private consultations with serious buyers.
The Dearborn Heights location was opened in 2018 as a Start-up Business franchise, zero revenues and profits. In just a few short years this franchise has grown and is now generating $165,000 in revenues with undisclosed profits. We currently are warranty service providers for Bosch, Midea, and Thor Kitchen. There is opportunity to become dealers in new appliance sales for these Manufacturers.
If you are considering a franchise opportunity that is already producing revenue and profits, look no further than Mr. Appliance of Dearborn Heights. The new owner will be responsible for residential in-home repairs. Commercial repairs and appliance sales & delivery can contribute to the growth of this business when the opportunity arises, however, the new owner will be responsible for adding these services.
Staff includes one trained Customer Service Representative, and one owner-technician. The buyer can re-hire the CSR but will need to hire their own technician.
2022 Ford Transit is not included. However, it is available in a separate transaction.
2014 GMC 17” box Truck is not included. However, it is available in a separate transaction.
Price includes the sale of the business generated. The new buyer will need to qualify and seek approval from the franchisor and pay a onetime $7,500 transfer fee, and assume payments on the remaining franchise/license note of $41,000 /52-months remaining.
Broker owned Business
https://franchise.neighborly.com/mr-appliance/start-your-own-appliance-repair-business
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Market Competition and Expansion:
The current competition includes legacy established new and used appliance dealers that sell new and used appliances in the retail market. What set Mr, Appliance apart from the competition is integrity, honesty, and willing to repair the customers appliance because it’s in their best interest. There is room for growth for Mr. Appliance of Dearborn Heights, because currently we are only serving a small portion of the owned territory because we have only one technician on staff. There’s additional growth in the sealed systems servicing, new and used appliance dealership agreements which will broaden the customer base.Reason for Selling:
International RelocationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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