Highly Diversified Restaurant Supply Company - SC2215

Business Overview:

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.

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Property Features and Assets:

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 Competition and Expansion:

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.

Reason for Selling:

The reason for selling is the Seller would like to retire.

Additional Details:

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