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California
Diversified Restaurant Supply Company - 18 Years
Asking Price
$1,900,000
Revenue
$700,000
Down
$1,900,000
Cash Flow
$115,000
Name: Brett Sargent
Phone: Show phone number
Name
Brett Sargent
Phone
Show phone number
Description
Financial Information
Asking Price: $1,900,000
Cash Flow: $115,000
Gross Revenue: $700,000
Down Payment: $1,900,000
This Northern Californian Restaurant Supply Company is a Californian C Corporation that has been in business for the past 18 years. They have an ample and diverse inventory with a competitive advantage over supply company’s that have limited stock or backorder issues. They offer a wide array of commercial kitchen equipment and supplies, which include dishware, utensils, microwaves, pots, pans, furniture, etc. They have long-term repeat customers and established vendor relationships.
Business Location
City: Northern California
State: California
Reason for Sale
The reason for selling is the Seller would like to retire.
Detailed information
Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 1
Contractors: N/A
Owner Worked Hours/w: 20
Adjusted EBITDA: $100,000
Inventory Included: Yes
Inventory Value: $1,680,000
Monthly Rent: $16,347
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 18200
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Facilities
This business operates out of 18,200 square feet with a base rent of $13,315 and monthly CAM charges of $3,032. The current lease term is an additional 35 months on the lease.
Market Outlook/Competition
The North America food service equipment market was valued at $8.217 Billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030. The growth of the food service industry in the U.S. is likely to drive the demand for the food service equipment market in North America.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Posting Information
Posting ID:
290947
Attributes:
Broker Cooperation
Training And Support
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Posting Title
Diversified Restaurant Supply Company - 18 Years
Posting ID
#290947
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