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Equipment Service And Repair Business
Location: United States -> Michigan
Industry: Business Services > Other Services




Business Summary

Founded in the 1990s, the Company specializes in repairing commercial and industrial appliances and equipment, primarily those used within food preparation, refrigeration, coffee, espresso, and HVAC applications. The Company's experienced staff boasts an average tenure of 7+ years and helps it maintain its strong reputation in the West Michigan market.

The Company's customer base is comprised of restaurants, caterers, cafés, bistros, pubs, breweries, institutional kitchens such as colleges/universities, primary education schools, retirement homes, and more. The Company is warranty authorized and factory trained for a multitude of manufacturers. The Company stocks parts for a variety of equipment and has a fully functioning shop to work on small equipment.

The Company caters to customers throughout West Michigan and has historically traveled to the Ann Arbor area, metro Detroit, and Indiana to complete special jobs.

The Company operates out of a recently updated facility in West Michigan, containing a shop area and office portion. The facility is valued at an estimated $385K and owned through a related holding entity. The owners are open to the sale or lease of the facility to new ownership.

Company ownership is active in the daily operations of the Business and willing to provide reasonable and customary transition assistance.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email info(at)caldergr(dot)com and request a PDF version. Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent by the project manager. Please contact info(at)caldergr(dot)com for support. Thank yo


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,165,555
Cash Flow:   $212,739
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $33,507
Seller Financing:  Yes

About The Business

Year Established:  1997
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary transition assistance.
Reason For Selling:  Retirement

Photos

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Equipment Service And Repair Business Photo 1




Print Listing Id: 700371931
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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