Upper Valley Appliance Services | Application Preview
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General Information
Business Registration Number: Upper Valley Appliance Services
Location: Lebanon, NH, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
Funding would be used for a larger budget for advertising to receive more consistent work. The purchase of specialty tools is needed to become more efficient.
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Business Plan
Our plan to grow this business would be to train and hire additional technicians. Partner with property managers and large landlords in the area. Become approved by appliance manufacturers to service in warranty appliances. Investors should invest in this company because this is a recession proof business. This company is the only company in the area within a 25 mile radius. The majority of other appliance service companies are aging out leaving a much needed service for the local community.
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Self Identified Competition
There are three main competitors in the area are around 25 miles away. One does not service appliances in Vermont which leaves a large gap in service. The company to the north of us. Is very busy and has a large lead time to service appliances. We'd be able to service clients quicker and take more of a market share with the quicker times we can service these clients. The third company is an appliance store that only services what they sell. What makes us different from other companies is our level of customer service. We provide details explanations to our clients along with why we think it went wrong and some tips for preventative maintenance to do in the future. We are not in the mindset of providing the service and handing over the bill without talking with the homeowner to make sure what went wrong.
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