Primary Category:Other Service Businesses for Sale
Highlights
- Independently owned and operated
- Well-established business
- Great growth opportunities
- Turnkey opportunity, including inventory, equipment, and service vehicles
- Has potential to become absentee owned
-Open to public, doesn't require a membership to shop
Business Summary:
Founded in the 1980s, the Company specializes in the sale and repair of commercial appliances and equipment, primarily those used within food related businesses. The Company also carries plumbing components, restaurant focused small wares and parts for various equipment.
Continual industry demand and their strong reputation has led the company to continually profit, even through COVID. Sales are approximately 60/40 from sales and repairs.
A new buyer could likely grow the business by broadening the service area, increasing advertising, and expanding the clientele category.
This opportunity is turnkey. Company ownership is active in the daily operations of the Business and is willing to negotiate a non-compete agreement and training period.
Financial Information
$795,000
Asking Price
$296,904
Cash Flow
$2,276,503
Gross Revenue
Business Location
City:
Confidential
State:Wisconsin
Reason for Sale
Retirement
Detailed information
Year Established:1984
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 6
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$350,000
FF&E Included?: Yes
FF&E Value: N/A
Training/Support
Training
Current ownership will negotiate a reasonable training period with the Acquirer. The specific needs of the acquirer for transition or continuation of employment of the current owners should be addressed in the Letter of Intent.
Non-compete
Current ownership will negotiate a reasonable non-compete agreement with the Acquirer.