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Business for Sale Summary

Full Service Restaurant Equip. Supplier for Sale - 34092

Business Type: misc. manufacturing/non-classifiable,restaurant/ cafes/ diners,equipment rental and sales
Full Service Restaurant Equip. Supplier for Sale
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Financial Information (non-confidential)

General Information
Asking Price $445,000 Down Payment $445,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $130,000 Number of FT Employees Register Free to View

Financing

$445,000 Down and

Business Description

Check out this profitable and full-service restaurant equipment and supply firm, which is the largest business of its type in a three-county area. Business has the North Carolina Refrigeration Contractor License (only one of three in this area), and the seller reports that this would be leasable to the new owner. The business offers a range of services, including all types of service and warranty work (50% of volume), sales of new and used equipment (40%), and manufacturing of ice (10%). Serving commercial, government, and school accounts, this business has reported increased volume every year, providing year-round income. The 3,500 sq. ft. showroom and various other buildings are located on 2.2 acres on the main highway, with a daily traffic count of 19k. The price includes two service vehicles and one ice truck, plus three 1,000 lb. ice bins, providing a tremendous opportunity to expand the ice business into several different areas. The current owner is selling due to retirement, but the business has significant growth potential under new ownership. Real estate is available for purchase directly from the seller, and owner financing is also available. Contact broker David McPherson at (919) 789-0566 today for more information on this exciting opportunity.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.