Established Restaurant Equipment Sales & Service -

Santa Fe, NM
Santa Fe County

Central Metro Location


Asking Price: Annual Revenue:
$1,346,000 $2,098,179

Wholesale/Distribution: Durable Goods


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RE: Established Restaurant Equipment Sales & Service - Broker: Gregg Kunz
License #: ER.100072184

Quick Facts

Asking Price: $1,346,000
Annual Revenue: $2,098,179
Net Profit: Not Disclosed
Cash Flow: $423,403
Total Debt: Not Disclosed
FF&E: $192,944
Real Estate: $800,000
Year Established: 2004
Employees: 10
BBN Listing #: 815663467
Broker Reference #: Comm-Ind-Svce

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Business Overview:

Established and highly profitable commercial & industrial Sales, Service, and Supply business with a significant long-term history of stable growth. The business has existing relationships across a wide range of industry segments including hospital, municipal, industrial, education, and food service. This business currently serves the northern New Mexico market with strong growth opportunities in southern Colorado as well as into additional markets in New Mexico. The owners have grown this business over the long term and it is positioned for long term future growth. A relentless commitment to process and customer satisfaction ensures predictable profit streams. Every process has been documented by the owners which when combined with the tenured and proficient staff makes this an ideal acquisition for an owner with strong general management skills. The business serves the restaurant, commercial kitchen, casino, government, schools, and university markets - any establishment with food service is a prospective customer. Multiple revenue streams add diversification, protection, and growth opportunities. The business will be sold with the real property which will enable a new owner to maintain predictable occupation costs while enjoying long term property price appreciation. The real property is priced at $800,000. The Seller Financing available to a qualified buyer. SBA Lender financing pre-qualified.

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Property Features and Assets:

The business owns the property which is ideal for the business. 7,000 square feet with an additional 20,000 square foot outside secured lot for used equipment as well as service vehicle parking. The property is offered for sale for $800,000.

Market Competition and Expansion:

Few competitors within the local service area with room for expansion into adjacent market areas. The commercial food service industry continues to grow which provides ongoing revenue streams from new and existing restaurants, hospitals, food service establishments (hotels, motels, schools, universities, municipalities, casinos, etc.) as well as renovations, upfits, and ongoing equipment service needs. The company's multiple revenue streams have provided safety and growth through economic swings including today's. The company dominates its geographic market and is the only provider of unparalleled service excellence across service, new and used equipment, and consumables.

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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