Highly Profitable Kitchen Rental Company
Not Disclosed, TN Not Disclosed
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- RE: Highly Profitable Kitchen Rental Company
- Contact: Karin Neumann
Quick Facts
| Asking Price: | $820,000 | |
| Annual Revenue: | $595,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $210,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $166,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 3 | |
| BBN Listing #: | 954656 | |
| Broker Reference #: | 1492-2128 |
Business Overview:
This well-known Commercial Kitchen Rental Company is located in the Southeast United States. The firm enjoys significant operating margins and documented profitability with a strong regional leadership presence.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 4.5x EBITDA (ttm). A full valuation report is included and there is $29,500 in Net Working Capital plus another $166,000 in Fixed Assets included in the deal. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain almost $110,000 benefit in after-acquisition-debt cash flow in Year #1 – over 65% return on equity investment.
A comfortable transition period will be provided by the owner who truly wants to seethe business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well-trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
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Property Features and Assets:
This business currently operates from a 15,000 sq. ft. leasedwarehouse with office space.
Market Competition and Expansion:
The company enjoys a competitive advantage by providing commercial kitchen rental and commissary services to a large and diverse client base, from a convenient metropolitan location.This enables food service companies to optimize their profitability by leveraging this facility and avoiding the overhead of a dedicated brick and mortar location.
It is projected that a new owner will obtain additional growth by expanding the direct sales efforts with a minimal investment of $30,000. The company projects a revenue growth rate under such premise of 10% per year.
Reason for Selling:
Retirement (consulting available)Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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