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Professional Mobile Kitchen & Knife Sharpening Business
Location: United States -> Colorado -> Vail
Industry: Business Services > Other Services




Business Summary

This is a 17 year old mobile knife sharpening, chef tools, and cutlery sales franchise that services and sells to professional kitchens, hotels, country clubs, resorts, and restaurants from Vail to Aspen to Grand Junction and everywhere in between. CAN BE RELOCATED ANYWHERE IN CENTRAL OR WESTERN CO ALONG THE 1-70 CORRIDOR BETWEEN VAIL & GRAND JUNCTION.

The company has a large customized box truck that is fitted with a proprietary knife sharpening system and also carries a diverse inventory of equipment and utensils that their customer base can purchase from, much like a Snap On Tool Truck but for Chefs. He generates 70% of his sales from products and equipment, such as garbage bags, latex gloves, cookware, utensils, knives and uniforms. Revenue is also generated by the sale of front and back of the house supplies and equipment that include all items a professional restaurant can use from salt and pepper shakers to walk-in coolers. The franchise has comprehensive brochures that customers can order out of which generates a commission. 30% of their sales is knife sharpening, 70% from product sales.

The earnings for 2017 were 129,422 on sales of 529,703. The 2016 earnings were 126,562. This company has 1 full time employee and one part time plus the owner who is full time. The owner uses the main truck to visit his biggest and best customers to sharpen their knives on the truck 5 days a week.

The company's revenues come from long term customers that pay in a timely manner. They have approximately 95% in recurring revenue from long term customers. The company has consistently grown and the seller believes that should continue.

The sales price has BEEN LOWERED to 290K plus his cost of inventory which is currently $36K.

For a Full Sales Package, contact Jeff at 303-905-7607 or Business Broker Colorado.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $529,000
Cash Flow:   $125,600
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As long as needed
Reason For Selling:  Retiring

Photos

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Professional Mobile Kitchen & Knife Sharpening Business Photo 1 Professional Mobile Kitchen & Knife Sharpening Business Photo 2




Print Listing Id: 700314283
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Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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