Profitable Appliance Repair Company
Asking price
$400,000 CAD
Revenue (TTM)Revenue (TTM)Total sales over the last twelve months, before any costs or expenses are taken out. It is not profit. Glossary entry
$600K CAD
Cash flow (SDE)Cash flow (SDE)Seller’s Discretionary Earnings: the profit of an owner-operated business before the owner’s pay and benefits, one-time costs and non-cash expenses. It shows what a working owner could take from the business. Glossary entry
$120K CAD
EBITDAEBITDAEarnings before interest, taxes, depreciation and amortization. A measure of cash flow that leaves out the business’s debt payments. A multiple of EBITDA is the most common way to value a private company. Glossary entry
$120K CAD
Price multiple
3.3×
Figures in Canadian dollars, as reported by the seller. What is SDE?
Highlights
- Established in 2023
- 2 employees
About this business
Great opportunity for an owner/operator to obtain a fully functioning 5 star appliance repair business with many client records. Or the ability to expand. This is a home based business with contractors that perform the work.
The owner answers
- Why are you selling?
- Relocation. Relocating to another province
- How long have you owned the business?
- Built this business in 2023
- What is your role in the business?
- Owner and technician
- How long will you train the new owner?
- As much as needed
- Will you finance part of the price?
- Open to discussion.
- Can I see the last three years of financial statements?
- After you sign an NDA.
Business details
| Detail | Information |
|---|---|
| Business model | Traditional |
| Legal body | Incorporated |
| Established in | 2023 |
| Type of business | Service |
| Employees | 2 |
| Equipment includedFF&EFurniture, fixtures and equipment: the movable items used to run the business, such as counters, shelving, kitchen equipment and computers. They normally sell with the business. | No |
| Financing availableCSBFPThe Canada Small Business Financing Program. A federal program that helps lenders offer loans to small businesses by sharing part of their risk. What it can pay for is set by the program, so ask your lender. | No |
| Proprietary assets | Bank account, business software |
| Last year of completed statements | 2026 |
Premises
| Detail | Information |
|---|---|
| Property | Owned by the sellers, not included in the sale |
Buyer requirements
Buyer needs to have experience owning & operating a business or franchise.
Buyer needs specific industry experience.
Location
Red Deer, AB, Canada
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