Food Service Company - Sales Over $4.7 MM

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
$450,000 $4,759,000

Wholesale/Distribution: Durable Goods


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RE: Food Service Company - Sales Over $4.7 MM Broker: Dan Long

Quick Facts

Asking Price: $450,000
Annual Revenue: $4,759,000
Net Profit: Not Disclosed
Cash Flow: $247,000
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 10
BBN Listing #: 142616072
Broker Reference #: 204

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Business Overview:

100% staffing has been maintained during the pandemic along with strong 2020 sales volume. The retirement aged owner of this SW Ohio company has a loyal and committed staff to successfully transition to a buyer with over 60 years of food service experience with his company alone. The company sells new and used restaurant equipment with everything needed to prepare, cook, and serve food and beverages. Customers include nursing homes, hospitals, schools, restaurants, caterers, correctional facilities, and colleges. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
New showroom addition
Over 50,000 square foot warehouse
Over 800 active and loyal customers
The company offers design services as well
Clean books and records – all numbers are verifiable
Sales growth thru deeper penetration of existing customers
Price includes all equipment including trucks, van, and tooling
Company software handles inventory, billing, financials, AP / AR

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Property Features and Assets:

The facility is a total of 57,000 square feet with a new showroom addition. There is plenty of room for expansion and an increase in inventory.

Market Competition and Expansion:

Few companies can compete with the depth and breadth of equipment and supplies offered along with design services. In addition, the company has 60 years of industry experience to offer their customer base.

Reason for Selling:

Retirement

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.

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