Kitchen Equipment Maintenance Business – Sydney
Business ID: XB158700
T/O $1.868M p.a. Owner's Revenue $620,000 p.a.
The company started in 1987, 37 years ago, and was acquired by the present owner 15 years ago, in 2010. The business has built up a reputation for a high standard of work delivered on time, which is vital when a whole kitchen or catering operation has to meet deadlines. The company is involved with the repairs and the periodic maintenance of all types of kitchen equipment, which it performs under a service contract providing recurring revenue. The company is a preferred supplier to a number of brands, but can also repair most types of commercial kitchen equipment.
The company has built up a loyal customer base of restaurants, hotels, hospitals, aged care facilities and any organisation that has commercial kitchen facilities.
- Established 37 years
- Loyal Customer Base
- High Margins
- History of Profits
- Good Growth Potential
- Great Reputation for Quality Service
- Simple Management
- No Experience Required
Depending on the buyer’s experience, the owner will provide a training period of up to 4 weeks to help with a smooth transition.
This would be a good business for a husband and wife team. Alternatively, it would be a “bolt-on” for anyone in the catering equipment industry.
Asking Price: $1.35M for the assets and goodwill. Stock is not included and is estimated at $350,000 at cost value.
Property Code: 4534
For more details, please email broker or call agents.
