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Distributor of Food Service Equipment for Restaurant & Hospitality Industry
Seller Financing Available
Asking Price:   Not DisclosedInventory:   
Gross Revenue:   $5,095,025 (comments below)Real Estate:   n/a
Cash Flow:   $356,635 (comments below)FF&E:   $260,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 9/08
Cash Flow Comments: SDE 9/08
The Company specializes in food service equipment for the restaurant and hospitality industry. They provide complete design and engineering packages, either in conjunction with the customer, his or her architect, or food service consultant. Complete and detailed shop drawings are provided for every piece of custom fabricated equipment. Functional layout plans, plumbing and electrical rough-in drawings, equipment base and depression plans, plus engineered exhaust, makeup air, and refrigeration drawings are prepared for each project.

The Company discontinued the manufacture of stainless steel and wood furnishings in 1987 and now outsources those functions. They are able to better manage and control costs by purchasing this equipment from various fabrication shops in the area.

The Company is an authorized dealer for all major brands of ranges, ovens, dishwashers, disposals, etc. Their purchasing department coordinates the purchasing and receipt of these items to meet with jobsite requirements, as well as verifying all finishes, door swings, etc. to ensure a functional and complete food service facility. Complete service manuals and operating instructions are accumulated and assembled into binders for the customer's personnel.

The Company’s experience and reputation in this industry are its major assets. They have been able to complete projects on time, thus assuring that customers and other others suppliers on the project can complete their segments on time.

They have an excellent centrally located facility, allowing service to all of Southern California. They are a member of a buying group that allows more competitive pricing. The Company enjoys 50% repeat customers.
About the Business
Year Established:1984
Employees:7 full time -
Facilities:6,000 SF Office/Warehouse
Market Outlook and Competition:The company is in what appears to be a steadily growing market and should be able to take advantage of growth opportunities over the next 5 to 10 years.
About the Sale
Reason For Selling:Retirement and moving to Hawaii.
Seller Financing:Yes, 50%.

KEYWORDS: food service equipment, restaurant, hospitality, fabricated equipment, stainless steel, wood furnishings


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Seller ID:1733
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Business Listed By
Jack R. Sanders  |  Spectrum Corporate Resources, LLC
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Industry: Wholesale and Distribution

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