Specialty Appliance Sales, Installation & Service
Not Disclosed, CA Not Disclosed
Lake Tahoe Area
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- RE: Specialty Appliance Sales, Installation & Service
- Contact: Randy Hendershot
- License #: 1952890
Quick Facts
| Asking Price: | $895,000 | |
| Annual Revenue: | $1,352,651 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $384,821 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $110,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 5 | |
| BBN Listing #: | 949464 | |
| Broker Reference #: | 6390 |
Business Overview:
The business provides specialty appliance and related products to homeowners and contractors. The company sells a range of manufacturer lines, and its revenues are generated from installing specialty appliances, retail store sales, and repairs and maintenance services. The company is well-known locally and has developed a strong reputation for integrity and honesty with customers over the past three decades. Founded in 1994 and situated in the same location since 1995, the business serves a loyal base of thousands of customers within a 20-mile radius. The majority of sales and installations are in residential homes. The business is known for providing the best service and installations in the area and has an outstanding reputation and reviews compared to local competition. Customers praise the company’s quality of service, responsiveness, expertise, and culture of integrity. The owner has long focused on creating a customer-first culture, contributing significantly to the company’s success.With a strong history of financial success and diversified product and service offerings, the business has potential bright prospects for the future. The local market is expected to provide multiple growth opportunities going forward, as the area experienced high levels of home growth between the 1970s and the 1990s, resulting in thousands of specialty appliances that now need repairs or are obsolete. Industry shifts may also provide new business. Leveraging its outstanding customer record, a reputation for integrity and honesty, and core expertise in the market, the company is poised for growth in the future.
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Property Features and Assets:
2,160 square feet 1st floor, additional 2nd floor 1,000 square feet
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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