Comm. Refrigeration Restaurant Equipment S&S

NOT DISCLOSED, Kentucky

Asking Price	$1,395,000	Year Established	1980
Annual Revenue	$1,256,904	Reason for Selling	The owner wants to retire.
Annual P/L	$0	Attention	Brad Williams
Annual Cash Flow	$301,119	Listing Number	1007155
# of Employees	9	Business Category	Services: Construction, Contractors

Business Overview:

The Company is a long-established, locally owned provider of commercial refrigeration and foodservice equipment sales and service  supporting restaurants, grocers, healthcare, hospitality, and other commercial end markets with installation, repair, and preventive maintenance programs. The business has been in operation for 42 years under the current owner and provides service in an approximately 70 mile radius. 

Property Features and Assets:

<p>The business includes the real estate that includes a 4,160 sf building on .266 acres. The building includes 1,800 sf of warehouse with overhead door, 1,200 sf service/parts area, 560 sf showroom area, reception area, 2 offices, restroom, break area.<br></p><p>Assets = $960,000</p>

Market Competition and Expansion:

<p>The business operates within the broader commercial refrigeration and foodservice equipment industry, which is supported by a large installed base across restaurants, grocery/retail, healthcare, and hospitality and benefits from ongoing replacement and upgrade cycles. The business has been in operation for 45 years and features very little competition in there service market.  <br></p><p>There is significant upside potential for growth.  While service/repairs has been the main aspect of the business, the sales side has significant growth with the addition of a field sales person. The entire business can grow with additional service techs and expand the service radius.  The market features very similar businesses that provide the repair/service to commercial hot/cold equipment.  <br></p>

Additional Details: