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Listed by:

Sunbelt of Milwaukee Jet Group

Foodservice Equipment Sales & Repair In Wisconsin For Sale

Wisconsin, US
Asking Price:
$795,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,276,503
Cash Flow:
$296,904

Highlights
- Independently owned and operated
- Well-established business
- Great growth opportunities
- Turnkey opportunity, including inventory, equipment, and service vehicles
- Has potential to become absentee owned
-Open to public, doesn't require a membership to shop

Business Summary:
Founded in the 1980s, the Company specializes in the sale and repair of commercial appliances and equipment, primarily those used within food related businesses. The Company also carries plumbing components, restaurant focused small wares and parts for various equipment.
Continual industry demand and their strong reputation has led the company to continually profit, even through COVID. Sales are approximately 60/40 from sales and repairs.

A new buyer could likely grow the business by broadening the service area, increasing advertising, and expanding the clientele category.

This opportunity is turnkey. Company ownership is active in the daily operations of the Business and is willing to negotiate a non-compete agreement and training period.

Real Estate Available: Yes
Real Estate Included: No
Real Estate Value: $350,000.00

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 6
Years established:
40

Other Information

Support & training:

Training
Current ownership will negotiate a reasonable training period with the Acquirer. The specific needs of the acquirer for transition or continuation of employment of the current owners should be addressed in the Letter of Intent.

Non-compete
Current ownership will negotiate a reasonable non-compete agreement with the Acquirer.