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Distributor of High-Quality Foodservice Equipment and Supplies – BM004897

Southeast US, US
10M-25M500K-2M Distribution, Storage & Wholesale, Food & Drink
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TEASER
CLIENT CODE: BM004897
REVENUE/TURNOVER: $14,028,000
EBITDA: $1,076,000
HEADQUARTERS: Southeast US
 
Interested? Contact Us
813-898-2350
wsullivan@benchmarkintl.com
Distributor of High-Quality Foodservice Equipment and Supplies – BM004897

William Sullivan

interested in this opportunity?
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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.

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