Appliance Repair Shop in Naples, Absentee Run, SBA Pre-Approved

Asking Price$400,000

Cash Flow
$123,327
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,098,315

Inventory$60,000
Included in asking price
FF&E$200,000
Included in asking price
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Appliance Repair Shop in Naples, Absentee Run, SBA Pre-Approved


Asking Price$400,000

Cash Flow
$123,327
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,098,315

Inventory$60,000
Included in asking price
FF&E$200,000
Included in asking price
Business Description
Over 30 years in business and still going strong in Southwest Florida - locally owned and trusted since 1986!
This business is SBA PRE-APPROVED for a buyer to come in and work the business and/or the Seller is willing to do a SELLER's note.

-Consistent annual sales growth, exceeding $1M in 2023
-Over $200K in FF& E which includes full FLEET of branded vehicles and $60K in Inventory
-Full absentee business produces $120K SDE (3 year average $155K)
-If a new owner works is able to work in the business there is at least an additional $100K+ in SDE available.

The seller is ready to retire and currently runs the business as an absentee owner.
This is a fully turn key business that has lots of room to grow.
Excellent goodwill and brand equity built over the years with a solid reputation in the communities of Naples, Bonita Springs, Marco Island, Estero.

The team includes an experienced General Manager, Customer Service Manager, Receptionist and Trained Technicians to allow the business to run smoothly.

The team of experts repair a variety of appliances including washers, dryers, dishwashers,ovens & refrigerators, ice makers & microwaves and more.

The seller has been in this business for a long time and has an extensive amount of knowledge and vendor/partnership network to share which will insure product availability and cost efficiency - the Seller will introduce the new owner to all the required contacts and accounts and stay onboard to transition for one month.

Included:
-a fleet of 5 service trucks equipped with shelving sytem and inventory
-a recently purchased (2023) pick up truck for the General Manager
-tools, equipment, supplies
-office computers, phone system, CRM, database,
-website, domain, email addresses, phone numbers, registered name and logo and highly reviewed and credible brand

OPPORTUNITY for GROWTH:
-Direct online sales from website in addition to adding other popular online sales channels
-Promotion of repair part "retail store" and extended hours
-Selling of appliances
-Extension of hours and territory

The Seller owns the industrial condo making for an easy lease transition to the new Owner.
About the Business
Years in Operation
39
Number of Employees
7
Currently Relocatable
Yes
Facilities & Assets
Owned - Industrial
Terms Options: Owner Owned Real Estate
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,710
Rent
$2,600.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Retirement
Transition Support
4-week training at no cost
Listing Info
ID
2321803
Listing Views
1498

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Business Listed by: VINCENZINA (VEE) VITOZZI Transworld Business Advisors of Tampa

Listing ID: 2321803 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.