Restaurant Equipment Service Business for Sale

Listing ID:
TORONON002-N506

Greater Toronto, Ontario, Canada

Repair and Maintenance

Listing Status: Active

Sunbelt of Toronto, West

Phone: 905-602-5003
Fax: 519-489-2755

The following broker is assigned to this listing:

Robert Mitchell

robmitchell@sunbeltnetwork.com
Cell: (519) 820-9043
Real Estate License ID: 4745032

Description

Established service business providing repair & maintenance services for commercial kitchen and refrigeration equipment. The Company specializes in all types of commercial kitchen equipment maintenance including installation and repairs. The Company has a solid reputation for quality workmanship and enjoys long-term relationships with local restaurants, both franchise and independently owned, as well as local institutional clients such as colleges. The company employs both licensed technicians as well as apprentices. The owner has decided to sell in order to retire. The business operates out of leased premises.

Financials

Asking Price:$650,000
Revenue:$940,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price:$92,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1984
Year Acquired:1984
Full-Time Employees:5
Part-Time Employees:N/A
Reason For Sale:Owner wishes to Retire