Listing ID: 79454
We cater to a wide variety of clientele, Restaurants, Bars, Hotels, Food Chains, Deli’s, and other food related Small and Large Businesses.
Since 2015, we have taken our customer’s satisfaction personally. We supply and deliver commercial food-service equipment, related supplies (Disposable, Chemicals, Kitchenware, Barware, Silverware, Chinaware, Glassware, Plasticware), and contract furniture.
We are capable of shipping/delivery and installation of equipment anywhere in the State of Florida, we offer customer service by phone or in person.
Whether you are purchasing a single piece of equipment or a full package of design and build, every relationship is important to us. supply commercial food-service equipment, related supplies, and contract furniture. Our customers are independent restaurants, restaurant chains, bars, hotels, casinos, convenience stores, deli’s, country clubs, private clubs, and more.
Whether you are purchasing a single piece of equipment or a full package of design and build, every relationship is important to us.
- Asking Price: $95,000
- Cash Flow: $60,000
- Gross Revenue: $380,420
- EBITDA: N/A
- FF&E: $10,000
- Inventory: $15,000
- Inventory Included: Yes
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:600
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Shared Flex Space. Includes office and warehouse space.
2 weeks/14 days of training at no cost.
supply and delivery commercial food-service equipment, related supplies (Disposable, Chemicals, Kitchenware, Barware, Silverware, Chinaware, Glassware, Plasticware) and contract furniture. We realize the satisfaction of our customer’s needs is our only true goal. We are committed to providing superior value in our products and services on a continuing basis. We believe in building mutually beneficial and enduring relationships with all of our clients, based on conducting business activities with integrity and respect. The dedication of our professional staff has resulted in the development of a strong reputation for high-quality work, completed in time and within budget.
Nearly 5000 restaurants in Miami and more than 40,000 in the state of Florida offer great growth capacity, in terms of the number of potential customers.
The company was started in 2015, making the business 7 years old.
The sale does include inventory valued at $15,000, which is included in the requested price.
The company has 1 employees and is located in a building with approx. square footage of 600 sq ft.
The property is leased by the business for $800 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell businesses. Nonetheless, the real reason and the one they tell you might be 2 totally different things. As an example, they may state "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competitors, recent reduction in revenues, or an array of other factors. This is why it is very vital that you not count entirely on a vendor's word, but rather, utilize the vendor's answer together with your overall due diligence. This will paint a more realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money in order to cover items like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that earnings margins are too tight. Many companies fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new clients? Many times, companies have repeat clients, which form the core of their everyday revenues. Particular elements such as brand-new competitors sprouting up around the location, roadway construction, and personnel turnover can affect repeat customers and negatively influence future profits. One crucial thing to consider is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business often, the higher the opportunity to develop a returning customer base. A last idea is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Just how might the regional mean family earnings impact future revenue prospects?