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Businesses For Sale > Business For Sale in Kentucky (KY)
Comm. Refrigeration Restaurant Equipment S&S for sale in KY
Kentucky (KY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,395,000 |
$ 1,256,904 |
$ 301,119 |
Furniture and Fixtures Value:
$ 285,000 (included in the asking price)
Inventory Value:
$ 350,000 (included in the asking price)
Real Estate:
$ 325,000 (included in the asking price)
Business Summary:
The Company is a long-established, locally owned provider of commercial refrigeration and foodservice equipment sales and service supporting restaurants, grocers, healthcare, hospitality, and other commercial end markets with installation, repair, and preventive maintenance programs. The business has been in operation for 42 years under the current owner and provides service in an approximately 70 mile radius.
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| Year
Business was Established: 1980 |
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| Number of Employees:
7 FT/2 PT |
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| Facilities / Terms of Lease:
The business includes the real estate that includes a 4,160 sf building on .266 acres. The building includes 1,800 sf of warehouse with overhead door, 1,200 sf service/parts area, 560 sf showroom area, reception area, 2 offices, restroom, break area. |
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| Potential
Growth/Expansion:
There is significant upside potential for growth. While service/repairs has been the main aspect of the business, the sales side has significant growth with the addition of a field sales person. The entire business can grow with additional service techs and expand the service radius. The market features very similar businesses that provide the repair/service to commercial hot/cold equipment. |
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| Competition:
The business operates within the broader commercial refrigeration and foodservice equipment industry, which is supported by a large installed base across restaurants, grocery/retail, healthcare, and hospitality and benefits from ongoing replacement and upgrade cycles. The business has been in operation for 45 years and features very little competition in there service market. |
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| Owner
willing to finance:
Lender pre-screened with $147K down. |
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| Owner
willing to train:
Will train for 6 weeks @ $0 cost. |
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| Reason for selling:
The owner wants to retire. |
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Seller Reference Number: 1903-19328
BusinessMart.com Listing Number: 320918 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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