NYC - Long Island LISTING #: 17483
Founded in 1961, this highly profitable B2B organization specializes in appliance repairs and installations for service management companies, real estate firms and homeowners. With 300 management companies as repeat clients, their services are used in over 1,000 buildings in the New York city area. At a 90% repeat customer rate, the company’s highly valuable base of recurring revenues has proven to be a reliable source of cash flows over the past 5 decades and is well positioned for continued growth moving forward.
This turnkey business would be a perfect fit for anyone with general business experience as their attractive business model allows for a seamless transition even for someone who is not familiar with the industry, especially since their certified technicians complete 100% of actual repair and installation work.
With a proven track record of consistent cash flows over the past 56 years, this high-quality acquisition opportunity includes a highly valuable base of recurring income and offers substantial upside for overall return on investment.
Office: LBB New York
Property Leased: Yes
FF&E Included: $55,000
Real Estate Included: No
Building Size: 2000 sq ft
Hours of Operation: Monday - Friday
Reason for Selling: Focus on family and retirement