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This established new and used restaurant equipment business is available to purchase. With consistent sales of over one million dollars every year, this business serves a New England and nationwide customer base, shipping to over 40 states. The business has an excellent reputation for service, standing by its products and fixing anything that needs fixing ensuring customer satisfaction. Since 1998, the business has grown and flourished in its 25,000-square foot warehouse facility. The entire warehouse is filled with two floors of approximately $350,000 worth of new, nearly new and used restaurant and store equipment. The customer is free to walk through the building and view the equipment available or go to the website and view a thousand pieces of new and used equipment. As one of the largest restaurant equipment companies in New Hampshire, the chances of continued success for a new owner of the business are very strong with equipment being needed to build-out new locations and for redesign and renovation of older facilities. The business, real estate, $104,706 worth of furniture, fixtures and equipment, non-compete agreement, good will, training during the transition to a new owner, newly up-graded website, connection to vendors, suppliers and buying group are available for $695,000 plus, the value of the inventory and supplies. The offering price is allocated at $400,000 toward the real estate and $295,000 allocated toward the value of the business and its assets. The value of the inventory and supplies is approximately $350,000 and will depend on when in the business cycle the business and real estate are transferred to a new owner.
Real Property Included
25000 square foot, 2 story warehouse facility with 200+ feet of pallet racks
Monday through Friday normal business hours.
Support and training during the transition is available.
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