Restaurant Equipment and Wares, Very Profitable!!

Not Disclosed, OH

Near Major Hwys With Access to Several Metro Areas


Asking Price: Annual Revenue:
$725,000 $2,000,000

Food & Beverage: Suppliers, Vending


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RE: Restaurant Equipment and Wares, Very Profitable!! Broker: Fran Ollila

Quick Facts

Asking Price: $725,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1978
Employees: 3
BBN Listing #: 710812385
Broker Reference #: h-104-2831

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Business Overview:

This is an exciting, well run business. Products sold include coolers, fryers, ovens and so much more. If a food service business needs it, they have it. Also small wares and utensils are available. Customers include restaurants, convenience stores, truck stops, hospitals, bakeries to name a few. If the facility has a food service area, this company can provide the items to complete the job. Though the major part of the sales have been in Ne Ohio and W. Pa., the owner has handled projects all over the country. They have a reputation for excellent service and quality products. Sales have been consistently over $2mm annually. That's a pretty nice base to have as you grow the company.

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Property Features and Assets:

There are 2 buildings included in the sale. One is 4,100 square feet and houses the offices, display area and storage on a lower level. The second building of 1,800 square feet is also used for storage and garage for delivery trucks. There is plenty of parking for customers. The building is attractive and well maintained. Real Estate is handled by Eranco Associates Real Estate Div.

Market Competition and Expansion:

There is no marketing done by the current owner. The business has been profitable and he is content. That doesn't mean there isn't room to grow. There is no web site, no advertising, no outreach for new business. An energetic, tech savvy buyer could see significant growth with some effort.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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