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Full Service Commercial Kitchen Business For Sale
Location Vermont,United States
Asking Price Range $250K - $500K
Gross Revenues $2478613
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training The seller is willing to help the buyer achieve a smooth transition.
Reason for Sale The seller had always planned to grow and then sell the business.
Description This business excels at providing customers in NH & VT with full service custom commercial kitchens. Customers include restaurants, govt. agencies, schools and hospitals among others. Services provided include sales of new and used kitchen equipment, kitchen design and installation, custom hood design and installation, walk-in installation and more. Restaurants represent 50% of their revenue with the balance from retail, custom hood and walk-in installations. The business has grown rapidly since 2004 when the current owner to over. The business comes with a 2004 Ford truck and a 2009 box truck for deliveries.
Facilities: The real estate has 6,000 sq ft of retail and storage space. The retail area has equipment displays as well as office space. A separate area houses used equipment and inventory. They are located on the town's Main Street and have their own parking area in front and on the side of the building. They also lease additional space and have an option for more if that was desired.
Competition: The closest competitors are about an hour away in different directions. The custom hood business has very limited competition and high margins.
Growth and Expansion: High margin hood and walk-in box installations are areas where the business excels and has limited competition so these would be prime for growth going forward.
Support/Training: The seller is willing to help the buyer achieve a smooth transition.
Contact for more information on this kitchen business for sale.
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