Commercial Kitchen Equipment & Supply Provider
| Asking Price: | $1,200,000 | Inventory: | |
| Gross Revenue: | $1,540,000 | Real Estate: | n/a |
| Cash Flow: | $315,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The Company has been in business since 1979 providing sales of commercial kitchen equipment, supplies, and parts to:
Professional foodservice facilities
Commercial kitchen
Janitorial industry
Commercial dining room and bars
The Company offers an extensive selection of cooking equipment that includes standard & custom stainless steel fabrication, walk-in coolers/freezers, grease exhaust hoods, ware washing equipment, upholstered seating with tables and chairs, etc. The Company also provides hospitality items such as chinaware, glassware, silverware, hollowware, kitchen utensils, janitorial products, and disposable goods.
The Company also specializes in the layout and design of commercial kitchens, bars, and dining areas featuring the latest in AutoCAD technology, subcontracting the installation services to other licensed contractors. The Company offers years of experience with kitchen workflows and front-of-house designs. This capability provides the Company with a unique advantage against its niche competitors in that the Company is first-positioned to advertise its foodservice goods to clients for which the Company is designing a foodservice facility.
The administrative expenses for running this business are minimal. The Company can be operated from anywhere and, in-fact, the business is currently being managed as a home-based operation. As such, this business is ideal for an individual with a low risk threshold or for a company in this industry desiring to roll up a seven-figure revenue business with as little disruption to its current operations as possible.
The owners have focused the geographic reach of the Company primarily to California, but products can and have been shipped to other parts of the world as well and the Company maintains the ability to very easily expand.
Professional foodservice facilities
Commercial kitchen
Janitorial industry
Commercial dining room and bars
The Company offers an extensive selection of cooking equipment that includes standard & custom stainless steel fabrication, walk-in coolers/freezers, grease exhaust hoods, ware washing equipment, upholstered seating with tables and chairs, etc. The Company also provides hospitality items such as chinaware, glassware, silverware, hollowware, kitchen utensils, janitorial products, and disposable goods.
The Company also specializes in the layout and design of commercial kitchens, bars, and dining areas featuring the latest in AutoCAD technology, subcontracting the installation services to other licensed contractors. The Company offers years of experience with kitchen workflows and front-of-house designs. This capability provides the Company with a unique advantage against its niche competitors in that the Company is first-positioned to advertise its foodservice goods to clients for which the Company is designing a foodservice facility.
The administrative expenses for running this business are minimal. The Company can be operated from anywhere and, in-fact, the business is currently being managed as a home-based operation. As such, this business is ideal for an individual with a low risk threshold or for a company in this industry desiring to roll up a seven-figure revenue business with as little disruption to its current operations as possible.
The owners have focused the geographic reach of the Company primarily to California, but products can and have been shipped to other parts of the world as well and the Company maintains the ability to very easily expand.
About the Business
Year Established:1979
Market Outlook and Competition:Currently, the marketing strategy consists entirely of sending fliers to the Companys existing clientele. Some suggested additional marketing strategies include:
Increasing focus on correctional facilities and rehab centers
Advertise in magazines such as National Correctional Association
Begin marketing to the gourmet industry and in gourmet magazines
Begin telemarketing
Assign one manager to devote majority of time to marketing research, strategy, and tactics
Although the Vice President is highly involved in the Company, he has not met 90% of their clients. While the clients recognize the Company more than the owner, which is ideal for business transition purposes, this situation may present some opportunities: Building a personal relationship with the clients may lead to greater sales for the Company and a greater defense against competitors.
About the Sale
Management Training and Support:Short-term transitional services.
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