Profitable Restaurant Equipment Reseller For Sale

Business description

Servicing both large and small restaurants, this profitable and established company has become a major supplier of restaurant equipment and décor becoming vital to the success and growth of restaurants in the Dallas-Fort Worth Metroplex and nationwide. The company purchases, removes, resells, and installs used and surplus restaurant equipment. With a strong Internet presence, restaurant owners nationwide are able to realize tremendous savings by purchasing used and reconditioned equipment rather than purchasing new thereby keeping their costs low. Their 30,000 square foot Warehouse is a restaurant owners dream. The constantly turning inventory draws customers back week after week looking for “bargains” to make their business more efficient and profitable. The company’s product line includes commercial refrigerators, ovens, fryers, vent hoods, warming racks, small wares, tables, sinks, beverage dispensers, ice machine, and much more. On any given day, a customer may find that one of a kind item or decoration to capture the attention of their clientele. In addition to offering used and re-conditioned merchandise, the company is also an authorized dealer for all the major restaurant equipment brands allowing their clients to compare and select based on their needs and budget. As a result of their diverse product offerings and customer, the company has earned the trust and loyalty of its customers. The perfect buyer for this business is one who understands how small businesses run their books. The ability to reconcile via bank statements is also important.

Property information

Real Estate:

Lease

Lease terms:

Two Years remaining on a five year lease with the option to renew for an additional five years.

Location:

Located on a major thoroughfare in the Dallas County area, the company is housed in a 30,000 square foot facility that includes office and warehouse space.

Other information

Expansion potential:

Currently, the company utilizes word of mouth advertising and an internet store front as their main marketing strategy. While successful to this point, there is still significant room to increase revenue.

Competition / Market:

The company’s target market is nationwide but a large percentage of their sales are concentrated in DFW and surrounding areas. Their typical customers are restaurant owners looking to purchase equipment and décor at a significant discount. The company has built a solid customer base that has produced a strong flow of repeat business as well as attracting new customers. The National Restaurant Association (NRA) predicts that the Texas restaurant industry can expect a 4.4 increase in sales during 2008.

Support & training:

Seller will provide training as needed

Reasons for selling:

Seller wishes to pursue lifelong dream of career in music.

Trading hours:

Monday – Fri 8:00am – 5:00pm and Saturday by special appointment.

Financing available:

Seller financing is negotiable.

Furniture / Fixtures value:

$15,000

Inventory / Stock value:

$150,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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