Restaurant Equipment Repair & Service Co. For Sale in Westland, Michigan

File Number: C1482

  • Gross Sales: $288,969
  • Cash Flow: $113,495
  • Inventory: $60,000
  • Business Price: $249,900
  • Down Payment: $175,000
  • Years Established: 7 years
  • Days Open: 7 days
  • Building Price: NA
  • Lease Terms: $2,100
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Summary:

This is a great opportunity to own a well known restaurant equipment repair & service company. This company specializes in restaurant equipment repair/reconditioning and service. They have a service contract with a large national restaurant chain which results in approximately 90% of revenue. The remainder of revenue is derived from other independent and franchise restaurants. This business was established in 2003. The business is run by the seller and 1 full time employee. The equipment is in excellent condition and is owned free and clear. The purchase price includes inventory and equipment, estimated value is $60,000. Gross Sales have gone up every year since 2007 and shows a good cash flow history. Service call rate is $70.00+$30.00 for first 30 minute than $60.00 per hour. Seller does no marketing or advertising and does not do refrigeration repair. A new motivated owner can do refrigeration repair and improve sales dramatically. This is a must see! Owner will train new buyer.