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View Current Listings |
The following business is currently available for sale. Please
call 1-888-891-0097 for more information.
Location State | CA |
Location Zip |
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Business Type |
Commercial Kitchen Equipment & Supply Provider |
Business SIC Code |
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Geographic Region |
California - Los Angeles
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Business Description |
The Company has been in business since 1979 providing sales of commercial kitchen equipment, supplies, and parts to:
- Professional foodservice facilities
- Commercial kitchen
- Janitorial industry
- Commercial dining room and bars
The Company offers an extensive selection of cooking equipment that includes standard & custom stainless steel fabrication, walk-in coolers/freezers, grease exhaust hoods, ware washing equipment, upholstered seating with tables and chairs, etc. The Company also provides hospitality items such as chinaware, glassware, silverware, hollowware, kitchen utensils, janitorial products, and disposable goods.
The Company also specializes in the layout and design of commercial kitchens, bars, and dining areas featuring the latest in AutoCAD technology, subcontracting the installation services to other licensed contractors. The Company offers years of experience with kitchen workflows and front-of-house designs. This capability provides the Company with a unique advantage against its niche competitors in that the Company is first-positioned to advertise its foodservice goods to clients for which the Company is designing a foodservice facility.
The administrative expenses for running this business are minimal. The Company can be operated from anywhere and, in-fact, the business is currently being managed as a home-based operation. As such, this business is ideal for an individual with a low risk threshold or for a company in this industry desiring to roll up a seven-figure revenue business with as little disruption to its current operations as possible.
The owners have focused the geographic reach of the Company primarily to California, but products can and have been shipped to other parts of the world as well and the Company maintains the ability to very easily expand.
Currently, the marketing strategy consists entirely of sending fliers to the Company's existing clientele. Some suggested additional marketing strategies include:
- Increasing focus on correctional facilities and rehab centers,
- Advertise in magazines such as National Correctional Association;
- Begin marketing to the gourmet industry and in gourmet magazines;
- Begin telemarketing; and
- Assign one manager to devote majority of time to marketing research, strategy, and tactics.
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Asking Price |
$1,200,000 |
Terms |
Make Offer |
Gross Revenue |
$1,540,000 |
Discretionary Earnings |
$315,000 |
Number of Employees |
3 |
Facilities |
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Competition |
Many equipment distributors, but this is a very efficient operation with very low overhead and design capabilities. |
Growth Potential |
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Support / Training |
Short-term transitional services |
Reason for Selling |
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Status |
Available |
| Learn more about this business |
Sam Bath
888-891-0097
info@independencegroup.com |
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