Restaurant Equipment Sales Business

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Asking Price:
$695,000

Gross Revenue:
$1,006,850
Cash Flow:
$88,984
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$350,000
not included in asking price

FF&E:
$104,706
included in asking price

Real Estate:
$400,000
included in asking price

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Business Description

This established new and used restaurant equipment business is available to purchase. With consistent sales of over one million dollars every year, this business serves a New England and nationwide customer base, shipping to over 40 states. The business has an excellent reputation for service, standing by its products and fixing anything that needs fixing ensuring customer satisfaction. Since 1998, the business has grown and flourished in its 25,000-square foot warehouse facility. The entire warehouse is filled with two floors of approximately $350,000 worth of new, nearly new and used restaurant and store equipment. The customer is free to walk through the building and view the equipment available or go to the website and view a thousand pieces of new and used equipment. As one of the largest restaurant equipment companies in New Hampshire, the chances of continued success for a new owner of the business are indeed, very strong. Equipment is needed to build-out new locations and for redesign and renovation of older facilities.

The business, real estate, $104,706 worth of furniture, fixtures and equipment, non-compete agreement, good will, training during the transition to a new owner, newly up-graded website, connection to vendors, suppliers and buying group are available for $695,000 plus, the value of the inventory and supplies. The offering price is allocated at $400,000 toward the real estate and $295,000 allocated toward the value of the business and its assets. The value of the inventory and supplies is approximately $350,000 and will depend on when in the business cycle the business and real estate are transferred to a new owner.

About the Business

Location:
Carroll County, New Hampshire
Year Established:
1998
Number of Employees:
3
Real Estate:
Owned
Building Sq. Ft.:
25,000
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Support and training during the transition is available.

Listing Info

ID:
1616706
Ad Detail Views:
0

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Business Listed by

Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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