Business For Sale

Restaurant Equipment Company – Fire Sale

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$170,000 $1,031,121

Wholesale/Distribution: Durable Goods


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RE: Restaurant Equipment Company – Fire Sale Broker: Cortney Sells

Quick Facts

Asking Price: $170,000
Annual Revenue: $1,031,121
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $131,700
Real Estate: Not Disclosed
Year Established: 1947
Employees: 4
BBN Listing #: 574234398
Broker Reference #: RET046

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Business Overview:

This business boasts repeat customers and room for additional growth! For 71 years, this restaurant equipment supplier has boasted a well-maintained and stocked showroom. Poised for growth as a go-to place for local supplies, products range from big ticket items like refrigerators and ovens, to small wares like pans, utensils and more. Locally-owned and operated, the sellers are listing below asset value in the desire to enter retirement.

Restaurant and bar owners across the area come to this business for quality products and service. Outfitted with hundreds of options, clients can place orders and receive equipment assembly. Part of the attraction of this company is its ample showroom, where customers can peruse product samples and work with employees to help design layouts and remodels. While walk-ins are frequent, most customers (about 50%) are contractors that have previously purchased items.

Growth exists in attending more industry conferences to network, adding used equipment to the catalog, increasing SKUs and hiring a dedicated sales person. Priced at $170,000, a buyer would receive over $270,000 in assets and the purchase can be partially funded by an equipment loan.

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Property Features and Assets:

Business Assets: $270,790 Office Furniture: $12,000 – desks, cabinets, safe, work spaces, etc. Equipment: $15,300 – pallet jacks, crate movers, power tools, hand tools, etc. Vehicles: $15,500 – delivery van, pickup & stake truck Store Fixtures: $51,300 – showroom wall units, racking and more Intangible Assets: Reputation, customer list and industry contacts Communication Systems: $37,600 – 2 POS systems, computers, Sage software, servers, phone system Inventory: $139,090 – barware, carts, refrigeration, glassware, shelving, cooking equipment and more! *amounts may vary

Market Competition and Expansion:

Growth Opportunities: Work on driving internet sales; increase email and sales call communications; network more with vendors; used equipment sales.

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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