The business is priced under market value for a quick sale. 2021 numbers just in show Gross Receipts of $720,000 with seller discretionary earnings of $146,000. Inventory is not included in sales price.
This business is an ideal extension for other restaurant service companies providing the same or complementary consumables. The owner has done retooling in the last several years to reduce supplier costs while retaining quality. The company has a good reputation and loyal customers. The owner feels that the business could easily grow with more sales effort.
This profitable business provides disposables including paper, plastic, aluminum and foam--any products necessary for a restaurant to operate, along with items such as coffee, spices, and janitorial supplies to the restaurants and convenience stores, primarily in central and southern New Mexico. Customers appreciate the personalized service. The business, which was founded in 2000, generates roughly 12% in Free Cash Flow and will require relocation. Gross revenues have been consistent over the last four years.
Current furniture, fixtures and equipment plus inventory is valued at more than $100,000, and includes a delivery vehicle, spares for the coffee making equipment, steel and wood storage racks and office equipment.
The company’s business model includes providing coffee and cappuccino equipment to customers at an upcharge. Currently such equipment is distributed to approximately 40 locations.
This is an excellent business for a couple looking to establish a home-based operation as well as a company that wants to expand the lines of consumables offered to its current customer base.
This is an asset sale. The business will need to be relocated. The owner is planning to retire.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.