- Advert ID: 677713
- (Seller ref: 912220)
Manufacturer Of Restaurant Equipment For Sale
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Summary
- Asking price:
- $2,150,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $4,500,000
- Net profit:
- $431,000
- Years established:
- 1995
- Employees:
- 20 full time - 2 part time
Business description
Fast growing manufacturer of tables, chairs,stools, booths and other equipment for the restaurant industry. They manufacture 50% of what they sell and import the remaining items. Sales are through a dealer network. Manufacturing and headquarters facility is in the Midwest and they have a warhouse facility on the West Coast. Sales are up 40% from a year ago.
Property information
- Location:
- 29000 sq.ft. of manufacturing/shipping/office
Other information
- Competition / Market:
- Historical good growth and the current year is outstanding sales growth.Their mix of manufacturing flexibility,customer service and cost controls puts them at an advantage over their larger rivals. Newly leased West Coast warehouse facility and development of a dealer network there should significantly add to sales.
- Support & training:
- Will provide for training and transition
- Reasons for selling:
- Company is staged for someone to take it to the next level
- Furniture / Fixtures value:
- $351,000 (included in the asking price)
- Inventory / Stock value:
- $751,500 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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