We have signed a letter of intent, but we are accepting back up agreements ! Established 44-Year Appliance Repair Business - Turnkey Operation We are accepting Back up agreements
Dale's Appliance Service is a well-established appliance repair business that has been serving Southern New Jersey since 1981, building an exceptional reputation as the only certified service center in the region. With consistent annual revenues between $500,000-$650,000 and strong cash flow of $125,000, this turnkey operation presents an excellent opportunity for continued success or significant expansion.
Business Overview:
- 44 years of continuous operation with established customer base
- Annual revenue: $500,000 with proven financial history
- Seller's discretionary earnings: $125,000
- Strategic location in Newfield, NJ serving Southern Jersey market
- 6 experienced employees including factory-trained technicians
Key Assets Included:
- Complete fleet of 3 service trucks equipped with inventory, tools, and equipment
- Comprehensive parts inventory valued at $200,000
- Fixtures, furniture, and equipment worth $200,000
- 1,000 sq ft facility with lease available or move to your location.
- Established vendor relationships and service contracts
Unique Market Position:
- Exclusive certified service center status in Southern Jersey
- Strong brand recognition and customer loyalty built over decades
- Consistent revenue stream with significant growth potential
- Established relationships with manufacturers and suppliers
Growth Opportunities:
- Current owner maintained comfortable operations level by choice
- Expansion potential across multiple counties could double or triple revenue
- Opportunity to add additional trucks, technicians, and service areas
- Potential for expanded warranty contracts and commercial accounts
Comprehensive Training & Support:
- 60 days of hands-on owner training included
- Training covers all business aspects: repairs, accounting, billing, scheduling, inventory management
- Transition assistance for licenses, insurance, and vendor relationships
- Introductions to key business contacts and industry associations
- Additional training available up to one year for separate fee
- Owner willing to provide ongoing consultation to ensure smooth transition
Financing:
- Seller financing available: 75% down, 36-month term at 10% interest
- Asking price: $450,000 (includes inventory)
- Owner motivated to sell due to retirement at age 72
This is a rare opportunity to acquire a profitable, established business with immediate income potential and significant room for growth. The comprehensive training program and owner support minimize typical startup risks, making this ideal for both experienced operators and motivated newcomers to the appliance repair industry.
Qualified buyers must demonstrate financial capability and sign appropriate confidentiality agreements to receive detailed business information.
Ad#:2299689