The company is a distributor of high-quality foodservice equipment and supplies. It serves commercial customers including brand[1]name national restaurant franchises, schools, and correctional facilities. The company offers a wide range of products ranging from furnishings and smallwares to complete new store packages.

Key Aspects

Extensive selection of high-quality, cost effective products
Contracts in place with key suppliers
Average revenue of $12.6M from 2018 to 2021
Approximately 80% of revenue is derived from repeat business
Longstanding customer relationships
Operating for over three decades
Excellent reputation and well-known in the industry for its expertise and high-quality products
Experienced team of knowledgeable employees

Opportunities

Expand sales force with experienced sales representatives to pursue additional chain restaurants throughout the US
Further development of website to grow online sales
Create a marketing plan focused on growth
Option to expand into the healthcare sector, focusing on synergies with current product offerings such as refrigeration equipment

Headquartered

Southeast US

Current Markets

The company provides equipment to chain restaurants, walk-in restaurants, and public institutions such as schools and correctional facilities primarily in the Southeastern United States.

Real Estate

The company operates from a 12,500 sq. ft. company-owned facility. The facility features 4,000 sq. ft. of office space, a 4,000 sq. ft. showroom, and a 4,500 sq. ft. warehouse. The owners are open to including the real estate in the sale of the business or entering into a long-term lease. There is room to grow in the current location.

Shareholder Objectives

Five owners, one of whom is active, are seeking a full sale of the business to pursue retirement. The active owner is available to remain on for a predefined period to facilitate a seamless transition.

Benchmark International

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Distributor of High-Quality Foodservice Equipment and Supplies – BM004897

Distributor of High-Quality Foodservice Equipment and Supplies – BM004897

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