Established Appliance Repair Business for Sale in Southeast City
Financial Details
- Asking Price:
- $2,600,000
- Annual Revenue:
- $2,854,940
- Cash Flow / SDE:
- $592,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 4.4x
- Location:
- Charlotte, NC, US
- Source:
- Date:
- September 27, 2025
Key Highlights
Description
This listing presents a well-established and highly profitable appliance repair and service business, operating for 25 years in a major Southeast city. The company boasts excellent margins, a skilled and dedicated team, and modern facilities, positioning it for continued growth and profitability under new ownership. Financials show strong performance, with TTM revenue of $2,854,940 and SDE of $592,000, and projections for 2024 SDE between $650,000-$700,000. The business operates as a turn-key operation with tight controls, from marketing to service delivery, ensuring a smooth transition for a new owner. It serves a consistent and growing customer base, including homeowners, vacation rental companies, and real estate developers, generating year-round demand and significant word-of-mouth referrals. The facility has been recently remodeled and includes offices, warehouse space, and a training room. The real estate is leased through 2027. The owners are seeking to transition the business after 25 years, offering a prime opportunity for a buyer looking to capitalize on established success and identified growth avenues.
Industry Information
- Industry Description:
- Appliance Repair and Service Company
- Classification:
- Service Businesses
Operational Snapshot
- Year Established:
- 2000
- Reason for Selling:
- Retirement / Transition
Real Estate & Lease
- Status:
- Leased
- Lease Expiration:
- 2027
Assets & Inventory
- FF&E Value:
- $20,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $200,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Company:
- VR Business Brokers
- Email:
- [email protected]
- Phone:
- (704) 360-8898
Listing Details
- Listing ID:
- a7f2b7cb-6a2b-40fb-b0aa-9cf69ccb5492
- Source Listing ID:
- 42520177
- Deal Status:
- For Sale
- Last Updated:
- September 27, 2025
- Currency:
- USD