Lake Tahoe Area Specialty Appliance Sales, Installation and Service Business
Price: $895,000
Location: Lake Tahoe Area
Industry: Miscellaneous Store Retailers
Listing ID: 6390
Listing Status:
The business provides specialty appliance and related products to homeowners and contractors. The company sells a range of manufacturer lines, and its revenues are generated from installing specialty appliances, retail store sales, and repairs and maintenance services. The company is well-known locally and has developed a strong reputation for integrity and honesty with customers over the past three decades.
Founded in 1994 and situated in the same location since 1995, the business serves a loyal base of thousands of customers within a 20-mile radius. The majority of sales and installations are in residential homes. The business is known for providing the best service and installations in the area and has an outstanding reputation and reviews compared to local competition. Customers praise the company’s quality of service, responsiveness, expertise, and culture of integrity. The owner has long focused on creating a customer-first culture, contributing significantly to the company’s success.
With a strong history of financial success and diversified product and service offerings, the business has potential bright prospects for the future. The local market is expected to provide multiple growth opportunities going forward, as the area experienced high levels of home growth between the 1970s and the 1990s, resulting in thousands of specialty appliances that now need repairs or are obsolete. Industry shifts may also provide new business. Leveraging its outstanding customer record, a reputation for integrity and honesty, and core expertise in the market, the company is poised for growth in the future. dd the last sentence from the Evo ad page which says This business is SBA pre-approved.
Total Sales: $1,352,651
Cash Flow: $384,821
FFE: $110,000
FFE Included: Yes
Inventory: $100,000
Inventory Included: Yes
Year Established: 1994
Days & Hours of Operation: M-Thurs 9am-5pm, Fri 9am-4pm, Service Mon-Fri 8am-5pm
Employees: 5
Monthly Rent: $4,545
Square Footage: 3160
Facilities Information: 2160 1st floor, additional 2nd floor 1000 sf
Training & Support: Yes