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Tennessee Business For Sale |
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| FOOD EQUIPMENT SALES AND SERVICE |
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| Attn: Brad Lindsay |
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| Not Disclosed, TN, USA |
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| Asking Price: |
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$1,700,000 USD USA Dollars |
| Business for Sale Industry: |
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Wholesale/Distribution: Durable Goods |
Year Established: |
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1980 |
| # of Employees: |
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5+ |
| Yearly Revenues: |
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$1,275,000 |
| Yearly Cash Flow: |
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$410,000 |
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Business for Sale Overview:
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Founded in 1980, this company is a foodservice equipment dealer that imports and services processing machinery. Their specialty is in equipment for the cocoa and oilseed industries. They purchase large food processing equipment and sell it directly to the largest chocolate manufactures and grain processers in the US. In the process, they work closely with company engineers to fit and adapt the machinery to meet the customer’s needs. Additionally, they have a large offering of metric products. They have a nice retail location; however the majority of business is served at the customer’s location through an experienced sales staff. Over the last 27 years they have grown into a multi-million dollar global operation. The owner is retiring and is willing to stay with the business through a transition period. The owner is motivated to sell and attractive seller terms are available. This business has been pre-approved for SBA loans in conjunction with an asset sale.
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Property Features and Assets:
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They have a 12,000 square foot space including retail space, warehouse and corporate offices. The Real Estate can be either leased or purchased. The purchase price is $800,000. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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