Caribbean MLSReal Estate

Air Conditioning Repairs And Appliance Business Only

Available on request

The brief

The reason to consider it.

Small, well-regarded, family-operated Air Conditioning and Retail Appliance business.

Over its 25 years of operation, the business has grown significantly and has a large base of repeat clientele. It grosses approximately CI$2.7M/yr with an excellent net return. There is significant potential to expand the business and increase revenue with greater marketing.

Owner has retired, but all 21 staff could remain. This is an excellent opportunity for a turnkey sale. The business has been professionally appraised. This is for the business only; no real estate is included at this price. Some owner financing may be possible for the right buyer.

Last confirmed

Year built
2010
Type
Commercial
Land
431 ft²
Use
Retail
Net yield
7.25%
Occupancy
100%
Tenants
1
Interior
Available on request

What this listing includes

  • Air conditioning
  • Kitchen
  • Parking
  • On-site security
  • Conference room

What people say about Cayman Islands

Sources agree that buying in Grand Cayman is tax-light but not cheap to live with.

  • Concern Cayman is among the most expensive places to live; imports and housing drive it
  • Positive No annual property, capital gains or inheritance tax; one-time stamp duty is the main purchase cost (7.5%, 10% above CI$2m from 2026)
  • Mixed Permanent residency by property needs CI$2m of developed real estate and is quota-limited; a cheaper 25-year certificate carries no right to work
  • Mixed Strata fees are a material carrying cost, higher on Seven Mile Beach

Read what people say, based on 9 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law