Commercial Refrigeration Equipment Business
Location: Washington > King County > Seattle
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $1,050,000
Gross Revenue: $2,374,896
Cash Flow: $284,806
Real Estate: $1,600,000 (Not Included in Asking Price)
Seller Financing: Cash
Business Summary
This company is best described as a trucking, recycling, used equipment sales, staging and retail operation. While there are many aspects to this business they are all completely compatible and all parts of the business work well with each other. A background in food retail or commercial refrigeration or the recycling business would be helpful. Take the foundation of this company and build it through its well established major retail grocery clients. The seller is willing to train in the day to day operations along with a well organized and established employee structure that will assist the new owner in a smooth transition.
About the Business
Year Established: 1993
Employees: 15 full time - 5 part time
Facilities: Located in the heart of Seattle's bustling industrial area this facility is well suited to accommodate the day to day operations of this business. Over 20,000 sq. ft including showroom (used equipment display area), reception area, office space and a large warehouse including 3 loading docks and a drive up ramp. Well designed racking system to assist with organizing and staging equipment. Large parking area for trucks and semi-trailers. In addition, 5 acres of used equipment much of it undercover in Goldbar Washington. Real Estate is for sale or lease.
Market Outlook and Competition: One of the few companies of its size in the Pacific Northwest that places and removes refrigeration equipment in retail food stores. Their location with easy access to the interstate freeways is a plus when competing for business and allows for a more flexible flow of equipment for the staging of new stores throughout the Northwest. Established business relationships with many of the major food retailers in the area along with their ability to take on the larger projects give this company the edge when competing.
About the Sale
Management Training and Support: Seller will provide training and transition support as needed and seller will maintain a relationship between this company and his equipment refurbishing business in Canada (not part of this sale).
Reason For Selling: Owner wants to move home to Canada to be closer to children and grandchildren.
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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. Please review the full Disclaimer here.
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