30 Year Food Service Equipment Company

30 Year Food Service Equipment Company Location: Dayton / Southwest Ohio
Listing Number: 203del

Financial Information

Asking Price: $450,000
Gross Revenues: $4,759,000
Cash Flow: $247,000
Real Estate: Will consider sale of property - not included in asking price

Business Description

100% staffing has been maintained during the pandemic along with strong 2020 sales volume. The retirement aged owner of this SW Ohio company has a loyal and committed staff to successfully transition to a buyer with over 60 years of food service experience with his company alone.  The company sells new and used restaurant equipment with everything needed to prepare, cook, and serve food and beverages.  Customers include nursing homes, hospitals, schools, restaurants, caterers, correctional facilities, and colleges.  The business is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified

New showroom addition

Over 50,000 square foot warehouse

Over 800 active and loyal customers

The company offers design services as well

Clean books and records – all numbers are verifiable

Sales growth thru deeper penetration of existing customers

Price includes all equipment including trucks, van, and tooling

Company software handles inventory, billing, financials, AP / AR