Family-Owned Back-of-House Restaurant Service Business - Pre-approved For SBA Financing

Business Overview:

Pre-approved for SBA Financing. 22 year history in Arizona!This family-run service business has been operational in Arizona for over 20 years! Thebusiness specializes in grease trap services, main line cleaning, hydro jetting, and relatedservices. Established in 2002, the company offers comprehensive maintenance solutions to all types of restaurants, including the services mentioned above, all the way through to full grease trap replacements to help restaurants meet back-of-house regulations. Approximately 85% of service revenue comes from Grease Trap Servicing, with growth opportunity in both main-line snaking and hydro-jetting. YoY sales are steady, with 87% sales growth from 2022-2023. The client list consists of multiple large franchise brands, loyal for many years. In addition to the existing customer list, the owner has a list of interested customer prospects, including a 23-location fast-food franchise chain! Overhead is low and the business operates with no inventory requirements.The seller works full-time in the business, and the spouse provides administrative support; there are currently no additional staff in place. All equipment is included, including: box truck with integrated vacuum pump, utility trailer, oil pump, Simpson PowerShot Professional pressure washer, and (3) RIDGID cleaning/snake machines; Actual Cash Value of equipment is ~$120,000. The business operates remotely with no brick-and-mortar office, owned or leased. Scaling the business is a matter of adding more equipment, additional staff, and expanding geographic service area. With the addition of a sales/marketing person, as well as an increased web presence, the owners believe there is ample opportunity for growth & expansion.The seller will provide 4 weeks of training and orderly turnover to the new owner, at 20 hours per week. Additional training is available for an additional fee, at the seller's sole discretion. Sellers will agree to a non-compete for a period of 5 years, post-close of escrow. Owners have raised their kids and are ready to fully retire, making this gem of a business available to you!Pre-approved for SBA financing as well! For a complete business acquisition summary, including a Broker’s Opinion of Value, please contact Justin Turner, Business Broker, at 623-273-0700, or jturner@sunbeltnetwork.com.Annual Revenue and Cash Flow shown are for 2023.Business is listed by HUB Commercial, an affiliate of Sunbelt Business Brokers in the State of Arizona. All listing information to be verified by the buyer during due diligence.

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Reason for Selling:

Retirement

Additional Details:

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