Distributor of High-Quality Foodservice Equipment and Supplies

Southeast US
Business Services; Consumer, Food & Retail
Client Code: BM004897
Revenue (TTM): $14,028,305
EBITDA (TTM): $1,076,459

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 $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.