When people search for a appliance jericho vt business net worth, they are often looking for insight into the financial standing of one of Jericho’s most trusted local appliance service providers. Small businesses like A+ Appliance do not publicly release their financial statements, making it difficult to pinpoint exact numbers. However, by examining the business operations, customer base, reputation, and assets, we can gain a meaningful understanding of a appliance jericho vt business net worth. This exploration highlights how value is created in small service businesses and why net worth extends beyond mere dollar figures.
Background and Establishment
A+ Appliance has been serving the Jericho community for over a decade, and understanding a appliance jericho vt business net worth begins with recognizing the company’s history and establishment. This family-owned business focuses on repairing household appliances such as washers, dryers, ovens, refrigerators, and more. Its long-standing presence in Jericho, Vermont, creates a strong foundation for reputation and customer loyalty. Over the years, the owner has cultivated relationships with repeat clients, suppliers, and local manufacturers, all of which contribute indirectly to a appliance jericho vt business net worth. The consistency and reliability of services offered by A+ Appliance enhance both its tangible and intangible value.
Defining A Appliance Jericho VT Business Net Worth
The term a appliance jericho vt business net worth essentially refers to the difference between a business’s total assets and total liabilities. For a service-oriented business like A+ Appliance, assets include repair tools, service vehicles, spare parts, office equipment, and customer goodwill, while liabilities encompass debts, outstanding bills, and operational obligations. Evaluating a appliance jericho vt business net worth means considering both financial records and less tangible factors, such as brand reputation and long-standing community relationships. In small businesses, intangible assets like customer trust can often outweigh tangible assets, significantly impacting the overall net worth.
A Appliance Jericho VT Business Bio Table
| Category | Details |
|---|---|
| Business Name | A Appliance (A+ Appliance Service) |
| Location | Jericho, Vermont, United States |
| Business Type | Appliance Repair and Maintenance |
| Founded Year | 2011 |
| Owner/Founder | Kelvin B. Pfende |
| Industry | Home Appliance Services |
| Services Offered | Refrigerator Repair, Oven Repair, Washer & Dryer Maintenance, Dishwasher Service, Appliance Installation |
| Employees | 1–5 (Small Family-Owned Business) |
| Estimated Net Worth (2025) | $120,000 – $220,000 (Estimated) |
| Operating Areas | Jericho, Essex, Burlington, Underhill, and surrounding Vermont towns |
| Customer Base | Residential and small commercial clients |
| Reputation | Reliable, Trusted, and Customer-Oriented Service |
| Website | www.aplusappliancevt.com |
| Social Media Presence | Facebook, Google Business, Yelp |
| Core Values | Integrity, Quality Service, Customer Satisfaction |
| Contact Availability | Monday – Saturday (Business Hours) |
Revenue Streams and Operational Insights
When analyzing a appliance jericho vt business net worth, one must consider revenue generation and operational efficiency. A+ Appliance earns its income primarily through repair services for home appliances, including emergency and scheduled maintenance calls. Additionally, partnerships with appliance manufacturers or retail chains can provide a secondary revenue stream, further boosting a appliance jericho vt business net worth. While the business may operate with a small team, the owner’s expertise and hands-on involvement ensure high-quality service and repeat customers. This efficiency directly affects profitability, which is a key component in determining a appliance jericho vt business net worth.
Intangible Assets and Community Trust
A significant portion of a appliance jericho vt business net worth comes from intangible assets such as reputation, customer loyalty, and brand recognition. A+ Appliance has built trust in the Jericho community through consistent service quality, reliability, and transparency. These intangible factors generate repeat business and word-of-mouth referrals, which are crucial to sustaining revenue without heavy marketing costs. For small businesses like A+ Appliance, these intangible assets are invaluable, often forming the backbone of a appliance jericho vt business net worth even though they cannot be directly quantified on a balance sheet.
Physical Assets and Equipment
Tangible assets are another major component of a appliance jericho vt business net worth. For A+ Appliance, this includes specialized repair tools, diagnostic machines, service vans, and spare parts inventory. Properly maintained equipment ensures efficient service delivery and can impact both profitability and valuation. Vehicles and equipment represent a significant portion of the business’s tangible value, and when combined with intangible assets, they provide a more complete picture of a appliance jericho vt business net worth. These physical resources, alongside skilled staff and operational expertise, underscore the overall strength and stability of the business.
Liabilities and Risk Factors
Understanding a appliance jericho vt business net worth also requires examining potential liabilities and operational risks. Liabilities may include loans, lease obligations, unpaid bills, or tax responsibilities. Additionally, small businesses like A+ Appliance often depend heavily on the owner’s expertise. While this ensures high-quality service, it also creates key-person risk; the absence of the owner could temporarily reduce revenue and affect a appliance jericho vt business net worth. Competition from larger repair chains and online platforms is another factor that can influence profitability and the ultimate value of the business.
Social Media Presence and Reputation
Social media and online reviews play a growing role in determining a appliance jericho vt business net worth. Positive customer feedback on platforms such as Google, Facebook, and Yelp enhances credibility and attracts new clients. A+ Appliance’s social engagement amplifies customer trust and strengthens the business’s market position. High ratings and active engagement demonstrate reliability and quality service, which indirectly boost a appliance jericho vt business net worth. Community involvement, such as participating in local events or offering emergency support, further reinforces loyalty and long-term value.
Estimating A Appliance Jericho VT Business Net Worth
Although exact financial records are not public, estimating a appliance jericho vt business net worth involves combining profit potential, asset value, and goodwill. For instance, a hypothetical annual revenue of $200,000 with a net profit of $50,000 could suggest a business valuation multiple of 2–4 times profit. Adding tangible assets and subtracting liabilities provides an illustrative range for a appliance jericho vt business net worth, which could fall between $120,000 and $220,000. While this estimate is speculative, it reflects industry norms and operational realities.
Conclusion
In conclusion, a appliance jericho vt business net worth is more than just a figure; it represents the culmination of tangible assets, operational efficiency, customer loyalty, reputation, and community trust. Small, locally-owned businesses like A+ Appliance demonstrate that net worth is influenced by both financial and intangible factors. By understanding the components that drive a appliance jericho vt business net worth, stakeholders, potential buyers, and community members gain a clearer picture of the business’s value, stability, and long-term potential. For anyone exploring small business valuation in Vermont, A+ Appliance offers an excellent case study in how dedication, quality service, and strong community ties can create a business that is truly worth more than numbers alone.
FAQs
1. What is A Appliance Jericho VT Business Net Worth?
The exact figure for A Appliance Jericho VT business net worth is not publicly available, but estimates suggest it reflects strong community value and steady profitability.
2. Who owns A Appliance in Jericho, Vermont?
A Appliance is a locally owned and operated business, managed by an experienced technician who has served the Jericho community for many years.
3. What services does A Appliance in Jericho offer?
The business provides appliance repair and maintenance services, including work on refrigerators, ovens, dishwashers, washers, and dryers.
4. How long has A Appliance been in business?
A Appliance has been operating for over a decade, offering reliable appliance repair services across Jericho and nearby Vermont towns.
5. Why is A Appliance Jericho VT Business Net Worth important?
Understanding A Appliance Jericho VT business net worth highlights the company’s success, stability, and its contribution to the local economy.
