Restaurant Equipment Sales and Service

Not Disclosed, KY


Asking Price: Annual Revenue:
$521,000 $1,002,893

Food & Beverage: Miscellaneous


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RE: Restaurant Equipment Sales and Service Broker: Jordan Satterwhite

Quick Facts

Asking Price: $521,000
Annual Revenue: $1,002,893
Net Profit: Not Disclosed
Cash Flow: $136,394
Total Debt: Not Disclosed
FF&E: $246,500
Real Estate: Not Disclosed
Year Established: 1981
Employees: 6
BBN Listing #: 573159482
Broker Reference #: 28647-123971

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Business Overview:

This business has sold and serviced commercial restaurant equipment across a broad geography for decades. They install, maintain and repair all kinds of commercial restaurant equipment, such as commercial ovens, commercial fryers, commercial freezers and any other cooking equipment. This business is the go to source for restaurateurs, grocers, florists, hospitals, hotels, manufacturers, beverage distributors and many other groups for all of their commercial cooking equipment needs. The owners are willing to sign employment agreements to facilitate and ensure smooth transition for qualified buyer.
The current owners bought this business in the eighties. Since the early eighties, the owners have invested significant time and resources into furthering this business. The results of the investment have been positive as their customer database has expanded, their facilities have improved, their service truck fleet has expanded. Four years ago, the owners purchased a commercial property to house where the business is currently located. The commercial space allowed the owners to showcase their commercial cooking equipment in their newly built out showroom. The showroom has provided opportunities for retail sales that were not previously capable. All the aforementioned investments have helped further the business in sales capacity, service offering, and it has helped to diversify the companies’ revenue streams.
The number of service providers in this space is very low, additionally this business has a unique niche in the geography that they serve. The decades of experience and relationships have provided barriers to entry to potential competitors.

Significant growth potential. The business maintains a healthy backlog with minimal marketing and sales efforts. Adding technicians would be the first step to growing the business and the demand for their services can support the additional payroll.

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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.

Relevant Links:

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