Established Foodservice Equipment Suppy Business

Asking Price$425,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,856,311

Inventory$180,000
Included in asking price
FF&E$150,000
Included in asking price
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Established Foodservice Equipment Suppy Business


Asking Price$425,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,856,311

Inventory$180,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
This business is located in Smith County, TX and distributes foodservice equipment and supplies. Established in 2017 by the current owners, this business has grown to provide equipment and supplies to restaurants, school districts, grocery companies, and more. They are member of the fastest growing group purchasing organization in the country, maintaining a large inventory of new product on hand, and by focusing on 100% customer satisfaction. The company employs a well-trained team, including bilingual staff to serve the Hispanic community. The business maintains a very well-organized and fully stocked retail space and also offers delivery services.
About the Business
Years in Operation
8
Employees
4
Facilities & Assets
The business assets include a small delivery van, a large delivery van, a flatbed dually with lift gate, and a box truck as well as all of the computers, software, hardware, leasehold improvements, shelving, etc. use in the operation. The facility is 7,500 SF with 3,000 sf of showroom, 3,500 sf of storage and warehouse space, and 1,000 sf of office space.
Market Outlook / Competition
There is significant demand for their products and services among their customer base. Their pricing is competitive on a national level due to their membership in the group purchasing organization.
Opportunities for Growth
Their pricing is competitive even with ECommerce sites such as Webstaurant. Online sales could be a growth opportunity for the business. Also, used equipment sales is an area they have not focused on that could be a growth opportunity. Kitchen Design services are also an opportunity for additional revenue.
Real Estate
Owned or Leased
Leased
Rent
$3,500.00 per month
About the Sale
Seller Motivation
The owners have other businesses that they would like to focus on.
Transition Support
Current owners are willing to stay on for as long as needed for a smooth transition.
Listing Info
ID
2298999
Listing Views
1434
Attached DocumentsAttachment Disclaimer

PROJ_REST_SUPPLY_EXEC_SUMM.pdf


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Business Listed by: Lee Trammell Drake Business Services

Listing ID: 2298999 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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