Buy an Appliances Install and Service Business For Sale business for sale in Kelowna on BusinessesForSale.com

  • Advert ID: 480007
  • (Seller ref: 9169866)

Appliances Install and Service Business For Sale


SOLD (Subject to Contract)

Location:
Category:
Asking price:
$89,000
Sales revenue:
$341,000
Net profit:
$73,000
Years established:
27 years
Employees:
4


Well established and outstanding business in installation, service & re-sale of appliances. Substantial income for an owner operator.
Installation and service of all types of major appliances throughout greater Kelowna. Referrals from major department stores such as: The Brick, The Bay, Future Shop, Trail etc. Contracts with hotels, retirement homes etc.
The substantial income of reconditioned appliances from their retail store with shop on a high traffic location compliments the service and installation site. This part of the business can be increased. Re-sales have a 50-100% markup.
For anyone who wants to relocate to Kelowna the home of the business owner is also for sale.


Real Estate:
Lease
Lease terms:
$12,600 annual Base Rent
Location:
Located in a strip mall. Retail space with shop in the back on a convenient and high traffic location with fairly easy access for customers

Expansion potential:
Kelowna Refrigeration sells reconditioned used appliances, usually with a six month parts and labour warranty. The volume for that part of the business fluctuates depending on what they have coming in and what the customers are looking to purchase. This part of the business is very good as they get appliances at a low cost and sell for a 50 - 100% mark-up. This part of the business can be increased depending on staffing.
Competition / Market:
Kelowna Refrigeration is one of largest domestic appliance repair shops in Kelowna. They have seen, in the last four years, a lot of the smaller shops close up. For the most part they have a good rapport with other appliance repair shops in Kelowna. They send them customer and they send them customers.
Support & training:
Owner will train new owner
Trading hours:
8 am - 5 pm week days; 8 am - 2 pm Saturdays
Furniture / Fixtures value:
$20,000
Inventory / Stock value:
$20,000
Related documents:

For more information about this business for sale, click the Contact Seller button.

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