Closed transaction · August 2024

U-Fix-It Appliance Parts

MDR & Associates took U-Fix-It Appliance Parts, a group of appliance parts stores in Dallas–Fort Worth, through to closing in August 2024.

U-Fix-It Appliance Parts logo

The transaction

  • ClosedAugust 2024
  • SectorDistribution & wholesale
  • Engagement to closing150 days
  • Represented byMDR & Associates
  • Todayufixit.com

The company today, in its own words. Appliance parts stores in Arlington, East Dallas, South Dallas and Tyler, TX, combining stocked storefronts with free diagnosis help so customers can fix appliances themselves.

The sale

How it ran

For 38 years U-Fix-It was where Dallas–Fort Worth went for the part to repair its own appliances, with thousands of individual parts in stock.

The owners began planning their exit three years before going to market. In their own words, our marketing produced more than 80 inquiries and six interviews with qualified buyers. The company was sold to a buyer and investor from Houston who was drawn to the consistency of its revenue year after year.

Read the firm's announcement of this closing.

U-Fix-It Appliance Parts — MDR & Associates 3:08

Marketing film

U-Fix-It Appliance Parts

The film made for U-Fix-It Appliance Parts, sold August 2024.

Afterwards

In the owner's own words

After more than 30 years in business, we began researching and planning for the sale of our business 3 years before putting it on the market. Realizing this would be our first time to sell a business, we wanted the benefit of the experience that comes with being a successful salesman that is immersed in the market. We selected Michael Rubin and MDR Associates because of his track record and his system for marketing and closing the sale. We transferred ownership to the new owner 5 months after we signed on with Michael. Michael’s marketing generated 80 plus inquiries and 6 interviews with qualified buyers. Michael’s experience and expertise were available at every step of the process to help us evaluate the offers to determine who was the best match. His assistance as a buffer between buyer and seller was invaluable as we navigated the unfamiliar waters of the buyer’s due diligence and closing the sale. Michael’s fee was more than covered by time and money he saved us. We wanted the very best broker to help us through this process and Michael Ruben is that guy!
Jim PlummerU-Fix-It Appliance Parts

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What decided the price

What buyers look at in a distribution business

Working capital at closing

The single most argued term in distribution deals. Agree the definition and the target early, in writing, or it will cost you at the closing table.

Inventory quality, not quantity

Buyers write down slow-moving and obsolete stock. Knowing your turns by SKU before diligence is worth real money.

Exclusive supplier agreements

Exclusivity or territory rights are an asset — provided they survive a change of control. Check the assignment clause before you go to market.

The full list, and who the buyers are: Selling a distribution business in Texas.

The record

More distribution businesses we have sold

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