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High Growth Commercial Appliance & Repair – SBA Pre-Approval! (37786)

RetailFor Sale in MO

Listing ID: High Growth Commercial Appliance & Repair - SBA Pre-Approval! (37786) | Broker Listing ID: BLP659310

Financial & Assets Details

$4,900,000
$286,883
$482,319
$500,000
Yes
2 building total of 32,000+/-+/-

About the Business

1978
15 nonunion.
Yes

Business Description

Situated in the Midwest, this food service equipment dealer specializing in the sale, installation, and service of commercial kitchen and restaurant products for customers surrounding a five county radius. Highly rated with a 40 year history longstanding reputation, company also provides all types of kitchen equipment from ventilation/exhaust systems and ice cube makers to dishwashers, walk-in refrigerators, and more. The facility is a collection of two vast buildings totaling 32,000 square feet that feature 28,500 sq. ft. of showroom, warehouse storage and pre-production areas, as well as 3,500 sq. ft. of office space. Available for a preferable long term tenancy or negotiable purchase, property is in excellent condition, complete with a large parking lot and capable of handling extra capacity for needed expansions. New ownership can enjoy plenty investment opportunities with new plans and strategy optimizations for further growth, such as introducing leasing options, internet sales, and maintenance service programs among others. The reliable team of fifteen nonunion employees likely to remain post-sale and continue the streamlined operations during a smooth owner transition period of six months under current management roles. Besides maintaining a website and promotions through regional phone directories or brochures distributed by many groups, marketing efforts center on verbal referrals sources backed by their client base. After revenues in 2020 reached $4,792,866, Pro Forma projections for next year include Revenues of $6,468,326 alongside Adjusted EBITDA’s of $986,335. With 2021 growth being over 40%, this offering comes with an SBA pre-approval.

Seller Financing

Negotiable up to 20% for the right buyer.

Support & Training

Smooth Owner Transition period of 6 months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: High Growth Commercial Appliance & Repair - SBA Pre-Approval! (37786)

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