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Business For Sale

Restaurant Equipment Repair & Service Company

Westland, MI

Services: Repair, Home Improvement, Painting

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$249,900
$288,969
Not Disclosed
$113,495
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
7 years
2
75552679
Owner Financing is Available!
seller financing with $175,000 down

Business Overview:

This is a great opportunity to own a well known restaurant equipment repair & service company. This company specializes in restaurant equipment repair/reconditioning and service. They have a service contract with a large national restaurant chain which results in approximately 90% of revenue. The remainder of revenue is derived from other independent and franchise restaurants. This business was established in 2003. The business is run by the seller and 1 full time employee. The equipment is in excellent condition and is owned free and clear. The purchase price includes inventory and equipment, estimated value is $60,000. Gross Sales have gone up every year since 2007 and shows a good cash flow history. Service call rate is $70 plus $30 for first 30 minute than $60 per hour. Seller does no marketing or advertising and does not do refrigeration repair. A new motivated owner can do refrigeration repair and improve sales dramatically. This is a must see! Owner will train new buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: