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Cincinnati Business Brokers

Food Service Company In Dayton Metropolitan Area For Sale

Dayton Metropolitan Area, Ohio, US
Asking Price:
$450,000 Furniture / Fixtures included
Sales Revenue:
$4,759,000
Cash Flow:
$247,000

30 Year Food Service Company

100% staffing has been maintained during the pandemic along with strong 2020 sales volume. The retirement aged owner of this SW Ohio company has a loyal and committed staff to successfully transition to a buyer with over 60 years of food service experience with his company alone. The company sells new and used restaurant equipment with everything needed to prepare, cook, and serve food and beverages. Customers include nursing homes, hospitals, schools, restaurants, caterers, correctional facilities, and colleges. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
New showroom addition
Over 50,000 square foot warehouse
Over 800 active and loyal customers
The company offers design services as well
Clean books and records – all numbers are verifiable
Sales growth thru deeper penetration of existing customers
Price includes all equipment including trucks, van, and tooling
Company software handles inventory, billing, financials, AP / AR

Property Information

Real Estate:

Lease

Premises Details:

The facility is a total of 57,000 square feet with a new showroom addition. There is plenty of room for expansion and an increase in inventory.

Business Operation

Expansion Potential:

In addition to calling on more potential customers, the owner feels like increasing sales in the areas of chemical and paper supplies to their existing customer base would be a great starting point to develop more sales.

Competition / Market:

Few companies can compete with the depth and breadth of equipment and supplies offered along with design services. In addition, the company has 60 years of industry experience to offer their customer base.

Reasons for selling:

Seller is of retirement age and wants to fully retire after successfully transitioning to a buyer.

Trading hours:

Monday thru Friday

Employees:
10
Years established:
30

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$40,000 - included in the asking price

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