Maui, Hawaii Major Appliance Repair
This full-service, highly regarded, profitable, 30+ year-old, Maui, Hawaii major appliance repair service business is being offered for sale due to the pending retirement of the owner.
The owner operates the business out of his home, manages no employees and is in close driving distance to his many loyal customers. The majority of his work is from existing customers and the referrals they provide to him. The business also has a website which has the capability of customers booking appointments.
The Business is being offered on a fully turnkey basis with a service vehicle, operating tools, and spare parts. The intangible assets include all customer contracts, registered trade name, web site, business phone number and email address, etc.
During 2019, the last full year before Covid, their sales were $201,532 and they made almost $100,000 of Seller’s Discretionary Earnings, which provides a nice life in Maui. The business is recovering from Covid and Hawaii’s economy is beginning to rapidly increase.
Very long (30+ years) and successful tenure
Highly regarded service provider
Average response to Covid-19 with recovery underway
Most work is within easy driving distance from the owner’s home.
No employees to manage.
Great customers who provide lots of referrals for new work.
Earn enough money to live a good lifestyle in Maui’s paradise.
Listing ID: HI Appliance
Location: Maui, Hawaii
Type of Entity: Sole proprietorship
Year Established: 1990
Industry: Major Appliance Repair
2019 Source: Tax Returns
Asking Price: $129,000
Inventory included in the Price: $4,000
Tangible Assets (F,F&E): $8,000
Non-Compete: 5 years
Training: 1 week
Sale Reason: Retirement
BUSINESS IS: Home Based
Close to Customers
Just the owner
Limited direct competition
Broaden geographic coverage to other parts of the island.
Monday to Friday – 8 am to 5 pm
To get a detailed Confidential Business Profile, please contact Hawaii Business Sales for an NDA.