Appliance Repair Business

Listing Type: Appliance Repair
Location: Gauteng
Ref No.: 3011
Year Established: 1985
No. of employees: 5
Trading Hours: 7am – 5pm Mon-Fri
Turnover: R 252 033 pm
Expenses: R 127 912 pm
Net Profit: R 124 121 pm
Asset Value: R 572 500

A well-established and highly profitable appliance repair business, operating successfully in Gauteng since 1985, is now available for acquisition. With nearly four decades of industry experience, this business has built a strong reputation for reliability, quality service, and customer satisfaction. This business specializes in the repair and maintenance of essential household and commercial appliances, including fridges, washing machines and the business has secured a loyal customer base. The owner’s strong marketing efforts have ensured a consistent flow of new projects, servicing clients across Gauteng.

This business serves a wide range of clients, ensuring multiple revenue streams and a steady demand for services. The existing client portfolio includes:

Private households
Student accommodations
Laundromats
Hospitals
Schools
One of the key strengths of this business is its diverse income sources, which contribute to financial stability and growth:

Repair Services: Fixing appliances for new customers, ensuring continuous business inflow.
Routine Servicing: Regular maintenance services for existing clients, creating repeat business.
Appliance Refurbishment & Resale: Purchasing second-hand or broken appliances, repairing them, and selling them for a profit.
Scrap Sales: Selling discarded appliance parts and scraps, generating an additional income stream.
Skilled and Experienced Workforce
The business operates efficiently with a reliable and well-trained team:

3 permanent technicians – Each technician is highly skilled and experienced in appliance repairs, ensuring quality workmanship.
2 casual workers – Additional support staff available on busy days to handle peak workloads.
Business Performance & Assets

Valuation: R3,700,000
Average Monthly Turnover: R252,033
Average Monthly Net Profit: R124,121
Assets Included in Sale: 2 branded bakkies for mobile repair services, a fully equipped workshop, and necessary tools and spare parts.
Reason for Sale
After 40 years of running this successful enterprise, the current owner has decided to retire, presenting a rare opportunity for an investor or entrepreneur to take over a thriving and well-structured business with a solid foundation and growth potential.

Growth Opportunities
With a strong market presence and an excellent reputation, this business offers several avenues for further expansion:

Franchising or Opening Additional Locations: Extending services to other regions in Gauteng or beyond.
Partnerships with Property Managers: Collaborating with real estate companies, student housing, and landlords for bulk servicing contracts.
E-commerce Opportunities: Selling refurbished appliances and spare parts online to increase sales.
This is an ideal opportunity for an entrepreneur looking to invest in a stable, high-demand industry with an established customer base and recurring revenue.

For serious inquiries and financial details, please contact us for more information.