Mildura VIC 3500
$140,000 ONO

DESCRIPTION

Phone enquiries - please quote property ID 35239.

WIWO - Refrigeration / Appliance Repair - High-Performing

This thriving family-owned business boasts an impressive profit margin of 25% for the 2023/2024 period, presenting excellent growth potential.

We have reduced the initial offering and are now operating from our home, while two of our Technicians, a Refrigeration Mechanic and Appliance Mechanic operate out of the their vans.

Our core services include Whitegoods repairs and split system repairs. Notably, the business has established commercial service agreements with Extended Warranty companies Brightside, Domestic & General, including Service Agencies with:
Electrolux, Simpson, Kelvinator
Fisher & Paykel, Haier
LG
Samsung
Bosch
Smeg
Arisit, Husky
Asko
Hisense

The business has primarily relied on word-of-mouth along with social media campaigns, with a modest marketing budget of $900 for 2023/2024, presenting ample opportunity for significant growth.

The business has achieved an impressive revenue growth of 61% over the last five years and with expansion into spare parts retail sales, enhanced commercial sector repairs, and boosting split system installations market share and increased advertising, the sky is the limit for the new owner!

WIWO ;
- 2 x Vans,
- Split System Installation enclosed Trailor
- Workshop Stock Parts,
- Refrigant Cylinders & Refrigeration/HVAC Tools
- Artick Business Licence
- Workshop tools/Equipment

Start 2025 as the Boss of Two Rivers Refrigeration!

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