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Restaurant Equipment Sales Business

Carroll County, NH

Restaurant Equipment Sales Business
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Asking Price: $695,000

Cash Flow: $88,984

Gross Revenue: $1,006,850

EBITDA: N/A

FF&E: $104,706

Inventory: $350,000*

Real Estate: $400,000

Established: 1998

*not included in asking price.

Restaurant Equipment Sales Business

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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.

Detailed Information

Location:
Carroll County, NH
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
25,000
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Support and training during the transition is available.
Reason for Selling:
Retirement
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Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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