Harlan Jacobsen
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<<  Author Left, Now 80, has been Hiring Himself since 17, Starting More than 50 Do It Yourself Different Businesses.

Start Appliance Replacement Business

Appliances Quit, Fix Price Often High




Fill the need in tough times to replace the appliance for small amount.

If their refrigerator quits and unemployed this is a catastrophe, If you can replace for $100, are you popular?

If a landlord furnishes refrigerators and one quits, does he spend $600 for a new one or will your replacement for $150 work or side by side with ice dispenser for $250 work as well?

Will he tell other landlords to contact you when an appliance quits? You bet. Will your business grow automatically? You bet,

Can you speed growth with a little effort? You bet.

Tough times are a natural fit for the used appliance business.

You may need $75 to start or nothing if you start with Craigslist ad that says, dishwashers repaired, $50. Quarantined no fix, no charge. Read up on how to fix dishwashers. Find friend that needs one fixed and practice fixing. Often this will require parts etc that will push the cost over $50 so you explain on the inquiry that if it is more then $50 to fix with parts etc and they decide not to fix and decide to replace it your call will be free.

Usually, the store called repairman will be $75.00 and if not repairable for reasonable like $100 for parts, the customer decides not to fix it you are still out the $75.

Now to solve this they have the cost of a new dishwasher.

You offer to replace it, install a used one with a used 90 day warranty for $100. plus $20 delivery. Eventually, (if you have a van etc) you just take a used one along. If the $50 easy repair won’t work, you can report and offer to install a used one for $120 delivered and installed today.

You can charge more than this but we need the word to get out to landlords, etc. This is the way to solve broken appliance problem. Call you.

You will need to learn to repair and install dishwashers.

If not you can subcontract it... turn it over to someone who knows how, or hire him and go along and help out and same time learn on first few? Use different pricing when subcontracting.

Now if you are in a town of say 25k you may almost have the used appliance business to yourself. If in large city, no problem, plenty to go around. You will need a source of good use appliances.

In large cities there are appliance dealers that cell new appliances and pick up perfectly good ones for free just to get them out of there and they have no way to dispose of them so if you take them all for $20 apiece, you may get a deal.

Of to start out, keep an eye on thrift stores, you will find certain ones get certain appliances, know when half price day is and time accordingly but. Be early. For my 12 rental houses (all furnished) I buy ahead dishwashers, one washing machine on hand (dryers are easy) (gas scarce) and try to get them half price day so I pay average $35 for dishwashers, washing machines, $20 for dryers, rarely buys a stove, but same range. Refrigerators $70. Side by side with ice maker if they can prove icemaker works. About $120 occasionally get them for low as $50 if ice maker not working. (Better learn how to fix)

Here is landlord’s problem. He has an appliance go out today and he cannot find a reasonable priced one today ......no one happens to have one, but if you have one, you are in good shape and can charge accordingly... So try to keep one on hand or say we expect some in on Thursday, can you wait till then?

Then watch garage sales, what’s listed for sale on Craigslist and thrift stores and find one by next Thursday...

Run an ad on Craigslist: and other free...Services, Classifieds.

Wanted, one side by side refrigerator, ice maker working.

You will get calls like you would not believe within hours.

Call and tell your customer that you have a xyz coming in tomorrow, would you be interested in that at $ 0000 If he says he will settle for that. Call the Craigslist people to save it, you are on the way over.

Get an agreement with seller that if does not work you can bring it back by the week end for a refund, if cannot check it on the spot. Note: Tip. Insist on Goodwill and other thrift shops guarantee ice maker works on side by sides or you can bring it back. Habitats for humanity and such also have used appliances. Tell them you are in the used appliance business and can take some off their hands for the right prices.

You are a wholesaler remember. Ran into one large Goodwill store manager that said his store got so many used dishwashers he sometimes had to get rid of some of them as scrap.

You can often get parts off of junk appliances you are paid to haul off that will be useful to fix some other appliances.

A big fenced back yard would be helpful long range.

You can boot strap this all with little or no money if you start with some repair. Often you can resell the appliance you are replacing. It may still work well with a few repairs. If so remove free,

If not workable potentially, charge $20.00 or whatever is current local charge for carting off and disposing of old appliances.

Note: On refrigerators laid down, for any reason, let stand upright 24 hours before plugging in.

You might also advertise appliance delivery and installation (such as dishwashers they bought somewhere else or Aunt Marie gave them her old one, that is if you have a van.) Or subcontract out all delivery you cannot handle. Pay Charley or someone you know $20 a delivery etc charge $28.00 etc.

To learn washer repair, when stuck, the guy that runs the local launder mat is an expert at repairing his make of washer.

No launder mat operator can afford to hire repairs, he has to learn to do them himself which is relatively easy when you only have one manufacturer or make to deal with.

 

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