Franchise Appliance Repair

Reference Code 0193

This is a great opportunity to own a franchise Appliance Repair business serving Oakland County. Established since 2017, this profitable business never reached its full potential due to owner running the business absentee. Ratio split on accounts are as following: Residential accounts 95% and Commercial accounts 5%…Appliance service include: Kitchen and Laundry Room appliance repairs and maintenance. A fully, wrapped cargo utility van comes with the sale for all service calls. Current owner does no advertising… a new owner/operator with some creative advertising/marketing along with adding appliance installation, sell retail appliances, extending the hours and marketing to more commercial and industrial accounts, you have HUGE potential. This business has also been licensed and has the equipment to service dryer vent cleaning which current owner does not utilize. This is a turn-key operation that can be operated out of an office or home. A must see/must have business that will not last long! Seller will entertain all reasonable offers!! Transfer/training fee: $5,000 Royalty/Advertising fee: 7% Software Support: $350.00 Monthly

Business Location Oakland County, MI
Gross Sales $231,851 Cash Flow TBD Business Price $99,000 Down Payment $60,000 Monthly Payment $790.78 Interest Rate / Amortization 8% int., amortized over 60 months, balloon due in 36 months License Required Sales, Franchise Inventory Value $3,000 Employees Full Time 2 Employees Part Time 1 Date Established 6/2017 Hours of Operation M-Sat 9am-5pm Rent $400.00 Gross Lease Period New Lease Required


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