Business Overview:
Company is a supplier of foods and equipment to restaurants. The company has been in business over 35 years and operates out of one location. There are 17 employees, including the owner and generates over $4 million in annual sales.
Customers include walk-ins, schools, recreation centers, churches, and restaurants. The company also provides fund-raising services for schools, churches, scout troops, tee ball and little league groups. Food-stamp customers.
FOOD PRODUCTS: frozen vegetables, frozen and fresh meats (hamburgers, rib eye beef, barbecue), pizzas, French fries, cheeses, popcorn, ingredients for cotton candy and cone machines
RESTAURANT EQUIPMENT (new): refrigerators, freezers, coolers, ice machines, flat grills, ovens, meat slicers, paper products, pitchers, racks, etc.
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Property Features and Assets:
The Companies operates in 13,500 square feet of office/warehouse space, situated on a total of 1.68 acres. Owner is open to sell the real estate at Fair-Market appraised value separate from the business or provide a lease for $60,000/year. Expansion possibilities: build more square footage on current acreage.
Market Competition and Expansion:
Very little competition in their area. New owner could expand into refrigeration maintenance and service.
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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