Servicer and Distributor of Foodservice Equipment and Accessories

Mid-Atlantic
Industrial & Manufacturing
Client Code: BN000030214
Revenue (Internal): $1,572,000
EBITDA (Internal): $39,000

The company is a distributor and servicer of new and used foodservice equipment and accessories. The company has several preventative maintenance programs tailored to individual customer needs.

Key Aspects

• The company attained its highest revenue to date in 2020 at approximately $1.6M

• Operating history spans over five decades

• Adjusted EBITDA increased by a compound annual growth rate of 14.8% from 2017 to 2020

• Extensive selection of high-quality products

• Average relationship length with top five suppliers is approximately 31 years

• Revenue increased by 30.1% between 2019 and 2020

Opportunities

• Grow sales force with experienced representatives to increase geographical presence

• Further development of the company website to improve online sales

• Continue to grow preventative maintenance division to service more clients

• Create a company marketing plan to focus on growth

Headquartered

• Mid-Atlantic United States

Current Markets

• The company serves a diverse range of retail, commercial, and government clients in various regions of Virginia and North Carolina.

Real Estate

• The company operates from a 12,000 sq. ft. facility owned by an affiliated entity. The location hosts ample office area, with most space dedicated to the warehouse and additional workspace.