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Commercial Kitchen Equipment Cleaning Business In Iowa For Sale

Iowa, US
Asking Price:
$434,500 (USD) Furniture / Fixtures included
Sales Revenue:
$323,300 (USD)
Cash Flow:
$65,371 (USD)

This commercial kitchen equipment cleaning business for sale in Eastern Iowa services approximately 500 customers including restaurants, schools, fast-food chains, convenience stores, and more. Nearly all of the revenue in this business is recurring, as these customers require kitchen cleaning services on a regular basis. The business provides all the required documentation to customers for submission to insurance companies and for display to inspectors. Employees of this business are well-trained and technicians are certified to industry standards. The business has a strong brand reputation for reliability, compliance, and customer service throughout its large market area.

Property Information

Real Estate:

Real Property Included

Location:

Eastern Iowa

Premises Details:

This business operates out of a 2,400 square foot space with a small office and 2 bays with overhead doors that can fit four vehicles. The building has additional bays that could be purchased if the business continues to grow.

Size in square feet:
2,400

Business Operation

Expansion Potential:

There is significant growth opportunity for this business since there are thousands of commercial kitchens in the area and limited competition. Additionally, many of the metro areas in Iowa are implementing stricter code compliance and increasing the equipment cleaning frequency requirements.

Reasons for selling:

Owner is focusing on other business interests.

Employees:
9
Years established:
Est. 2012

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller is willing to carry more than the typical level of Seller Financing of approx. 10%; Seller may be willing to support carry back as high as 25% to 30% for a Qualified Buyer who is a good fit and motivated to acquire the business.

Furniture / Fixtures value:
$58,700 (USD) - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact Benchmark Business Group

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