Wholesale Restaurant Equipment Supplier - Metro Atlanta

Fulton County, GA (Relocatable)

Seller Financing Available
Wholesale Restaurant Equipment Supplier - Metro Atlanta
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Asking Price: $480,000

Cash Flow: $75,987

Gross Revenue: $1,321,356

EBITDA: N/A

FF&E: $94,927

Inventory: $201,330

Established: 1996

Wholesale Restaurant Equipment Supplier - Metro Atlanta

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Business Description

Available for purchase is an additional $300,000 + in usable inventory with high profit margins. This business has been a leader in food service equipment and supplies since 1996, serving the Metro Atlanta area. They are proudly family owned and operated and give every customer the attention they deserve. The business has grown because of its values, integrity and passion, and continues to forge lasting relationships because of their dedication to service. From kitchen design to equipment delivery and set-up, to every day needs such as dinnerware, kitchen and small wares, disposables, janitorial supplies and equipment.

Detailed Information

Location:
Fulton County, GA
Inventory:
Included in asking price
Employees:
4 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business operates out of a 10,000 square foot facility located in Metro Atlanta. The facility houses an office area, showroom and large warehouse. Also, located on the property are several free standing storage units each filled with restaurant equipment. Totally there is an estimated 30,000 square feet of equipment located at this facility.
Competition:
There are several restaurant equipment suppliers in the Atlanta area, but the restaurant industry is booming with new and remodeled units going up daily. The restaurant industry in Georgia is growing by leaps and bounds, and should continue to prosper for the foreseeable future. Even when the economy is slow, restaurants survive, as does the need for restaurant equipment. This business is poised for future growth and to meet the competition head on.
Growth & Expansion:
Potential for growth in the restaurant industry and in this metropolitan area is unlimited. New restaurants are going up daily, as well as, refurbished units to compete with the new. Growth for this business could greatly increase with a simple marketing plan and strategy that included an outside sales force and an interactive website that contained an online purchasing opportunity.
Financing:
$430k down/$50k for 36 mos. @ 7%.
Support & Training:
Will train for 2 weeks @ $0 cost. No special licenses are required. Knowledge of restaurants or restaurant equipment would be helpful, but the seller is willing to train the new owner for a smooth and successful transition. The seller wants to see his legacy and successful business prosper.
Reason for Selling:
Retirement and travel.
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Dennis Collier

Business Listed By:
Dennis Collier

Murphy Business Brokers

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Sponsoring Broker:
Anthony Samples

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