Distributor of High-Quality Foodservice Equipment and Supplies
Southeast US
Consumer, Food & Retail
The company is a distributor of high-quality foodservice equipment and supplies. It serves commercial customers including brand-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 $13.9M from 2017 to 2019
• 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.