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345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
60
/100 score
Strong

Appliance Repair Service

Every home has appliances. All of them break eventually.

Appliance repair services fix refrigerators, washers, dryers, dishwashers, ovens, and HVAC systems in residential and commercial settings. The opportunity is massive: the average US home has 10+ appliances, most built to last 10–15 years, and repair is almost always cheaper than replacement. A single repair visit can generate $200–$500+ in labor and parts revenue. Professional appliance repair companies report 35–45% net profit margins with recurring 90+ customer satisfaction scores. The moat: manufacturer certifications (GE, Whirlpool, LG, Samsung) that lock you into premium pricing. Recurring maintenance contracts for commercial properties (restaurants, laundromats) provide predictable base revenue.

Avg Revenue

$450K

Profit Margin

38%

Acquisition Multiple

1.8x - 3.5x

Startup Cost

$25K - $75K

Difficulty

3/5

How It Works

Customers call for repairs. Technicians diagnose issues over the phone or on-site, provide quotes, and schedule repairs. Revenue is split: 60–80% labor at $95–$150/hour, 20–40% parts markup (typically 2–3x cost). Commercial contracts (restaurants, laundromats, apartment complexes) provide recurring maintenance revenue on fixed schedules. Mobile service (technician visits customer homes) generates higher margins than storefront models.

Revenue Range

Low End
$180K
Typical
$450K
High End
$1.2M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 811412 · Appliance Repair and Maintenance

Deals tracked
18
8 in last 24 mo
Median loan
$569K
$235K–$744K p25/p75
Implied deal size
$670K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
3
$150K–500K
6
$500K–1M
7
$1M–2M
1
>$2M
1

Deal Flow Over Time

Deals per year · median loan
$725K
2020
3
$469K
2021
2
$370K
2022
1
$302K
2023
2
$739K
2024
5
$895K
2025
5
12-month momentum
-66.7%
deal volume vs prior 12 mo
Median loan Δ
-16.8%
2 recent · 6 prior

Financing Profile

Median rate
10.12%
0% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
100%
of loans secured
Median jobs
8
supported per deal
Top lenders in this space
American Momentum Bank2
Byline Bank2
Pinnacle Bank1
Wells Fargo Bank National Association1
BankFirst Financial Services1
Where deals happen
IN2
MN2
FL2
OH2
AZ2
NC1
UT1
AL1
WA1
WI1

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Sep 2025OH$963K$1.1M13Mr. Appliance
Aug 2025FL$400K$471K31
Mar 2025IN$895K$1.1M6
Mar 2025IN$100K$118K6
Oct 2024FL$2.0M$2.4M20Mr. Appliance
Sep 2024AZ$744K$875K7Mr. Appliance
Aug 2024TX$1.2M$1.4M9
Jul 2024CA$170K$200K2
Dec 2023MN$139K$164K
Dec 2023AZ$739K$869K1
Volume rank #265/534Deal-size rank #340/534Momentum rank #304p90 loan: $963KData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Recession-resistant — people repair appliances before replacing them
  • +Service calls generate $300–$600+ per visit in labor + parts revenue
  • +Manufacturer certifications create competitive moats and premium pricing
  • +Commercial contracts (restaurants, laundromats) provide recurring base revenue
  • +35–45% net profit margins with mature routes
  • +Scalable — add technicians and service territory without major capital increases

Cons

  • -Requires certified, skilled technicians — hard to hire and retain
  • -Parts inventory can tie up $10K–$30K in working capital
  • -Mobile service has vehicle/fuel costs and scheduling complexity
  • -OEM exclusivity on some brands limits market access
  • -Emergency calls create unpredictable scheduling and labor costs

Best For

Operators with HVAC or mechanical backgrounds; franchisees of national repair networks

Operating Costs

Primary costs: certified technician labor ($50K–$80K/year per tech), vehicle expenses (fuel, maintenance, insurance), parts inventory, and scheduling software. Commercial/residential mix impacts margins — commercial typically 5–10% higher.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$7K/mo
after debt service
Deal price — $670K
Range: $590K (1.8×) to $2.0M (3.5×+)
Down payment — 15% ($101K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 10.00%
SBA median for this category: 10.1%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$101K
15% equity injection
Loan amount
$570K
85% SBA-financed
Monthly payment
$8K/mo
$334K total interest
Monthly profit
$14K/mo
at 38% margin
Monthly cash flow after debt service
+$7K/mo
Down payment paid back in ~15 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell Service Businesses

Find appliance repair and home service businesses for sale

Appliance Repair Franchises

Franchise opportunities in appliance repair and home services

ServiceMaster Clean

Multi-service franchise including appliance repair opportunities

60/100Strong

Acquisition Score

Profit margin
25/30
Entry multiple
26/25
Market depth
1/20
Risk (charge-off)
8/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$810K$1.6M

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