Comm. Refrigeration Restaurant Equipment S&S
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Comm. Refrigeration Restaurant Equipment S&S
The Company is a long-established, locally owned provider of commercial refrigeration and foodservice equipment sales and service supporting restaurants, grocers, healthcare, hospitality, and other commercial end markets with installation, repair, and preventive maintenance programs. The business has been in operation for 42 years under the current owner and provides service in an approximately 70 mile radius.
About the Business
- Years in Operation
- 46
- Employees
- 9 (7 Full-time, 2 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- The business includes the real estate that includes a 4,160 sf building on .266 acres. The building includes 1,800 sf of warehouse with overhead door, 1,200 sf service/parts area, 560 sf showroom area, reception area, 2 offices, restroom, break area.
- Market Outlook / Competition
- The business operates within the broader commercial refrigeration and foodservice equipment industry, which is supported by a large installed base across restaurants, grocery/retail, healthcare, and hospitality and benefits from ongoing replacement and upgrade cycles. The business has been in operation for 45 years and features very little competition in there service market.
- Opportunities for Growth
- There is significant upside potential for growth. While service/repairs has been the main aspect of the business, the sales side has significant growth with the addition of a field sales person. The entire business can grow with additional service techs and expand the service radius. The market features very similar businesses that provide the repair/service to commercial hot/cold equipment.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The owner wants to retire.
- Transition Support
- Will train for 6 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $147K down.
Listing Info
- ID
- 2479262
- Listing Views
Listing ID: 2479262 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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