Commercial Kitchen Equipment Cleaning Business

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Asking Price:
$460,500

Gross Revenue:
$426,039
Cash Flow:
$92,912
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$58,700
included in asking price

Real Estate:
$172,500
included in asking price

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Business Description

This commercial kitchen equipment cleaning business for sale in Eastern Iowa services more than 600 customers including restaurants, schools, fast-food chains, convenience stores, and more. Nearly all of the revenue in this business is recurring, as these customers require kitchen cleaning services on a regular basis. The business provides all the required documentation to customers for submission to insurance companies and for display to inspectors. Employees of this business are well-trained and technicians are certified to industry standards. The business has a strong brand reputation for reliability, compliance, and customer service throughout its large market area.

About the Business

Location:
Iowa
Year Established:
2012
Number of Employees:
9
Real Estate:
Owned
Building Sq. Ft.:
2,400
Facilities:
This business operates out of a 2,400 square foot space with a small office and 2 bays with overhead doors that can fit four vehicles. The building has additional bays that could be purchased if the business continues to grow.
Growth & Expansion:
There is significant growth opportunity for this business since there are thousands of commercial kitchens in the area and limited competition. Additionally, many of the metro areas in Iowa are implementing stricter code compliance and increasing the equipment cleaning frequency requirements.
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About the Sale

Reason For Selling:
Owner will be relocating to another state.

Listing Info

ID:
1609696
Ad Detail Views:
0

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Business Listed by

Brad Dostal

Benchmark Business Group

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Sponsoring Broker:

Dennis Henderson
Benchmark Business Group


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