Restaurant Equipment Sales Business

Not Disclosed, NH
Carroll County


Asking Price: Annual Revenue:
$695,000 $1,006,850

Wholesale/Distribution: Durable Goods


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RE: Restaurant Equipment Sales Business Broker: Ed Settino

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,006,850
Net Profit: Not Disclosed
Cash Flow: $88,984
Total Debt: Not Disclosed
FF&E: $104,706
Real Estate: $400,000
Year Established: 1998
Employees: 3
BBN Listing #: 3834381
Broker Reference #: 219005

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Business Overview:

This established new and used restaurant equipment business is available to purchase. With consistent sales of over one million dollars every year, this business serves a New England and nationwide customer base, shipping to over 40 states. The business has an excellent reputation for service, standing by its products and fixing anything that needs fixing ensuring customer satisfaction. Since 1998, the business has grown and flourished in its 25,000-square foot warehouse facility. The entire warehouse is filled with two floors of approximately $350,000 worth of new, nearly new and used restaurant and store equipment. The customer is free to walk through the building and view the equipment available or go to the website and view a thousand pieces of new and used equipment. As one of the largest restaurant equipment companies in New Hampshire, the chances of continued success for a new owner of the business are very strong with equipment being needed to build-out new locations and for redesign and renovation of older facilities. The business, real estate, $104,706 worth of furniture, fixtures and equipment, non-compete agreement, good will, training during the transition to a new owner, newly up-graded website, connection to vendors, suppliers and buying group are available for $695,000 plus, the value of the inventory and supplies. The offering price is allocated at $400,000 toward the real estate and $295,000 allocated toward the value of the business and its assets. The value of the inventory and supplies is approximately $350,000 and will depend on when in the business cycle the business and real estate are transferred to a new owner.

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Reason for Selling:

Retirement

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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