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Hospitality Procurement & Kitchen Design
Location: United States -> California -> Northern California - All Northern California -> Los Angeles
Industry: Business Services > Other Services

Business Summary

This well-established hospitality procurement and kitchen design company is one of California's incumbent market leaders. The firm, which has worked with many of the biggest food service names in California and beyond.

The business can remain in its existing 1,166 square foot office through a negotiated transition period or it may be relocated as it's on a month-to-month lease. All of the furniture, fixtures, equipment and historic goodwill associated with the kitchen supply and procurement operations will transfer in the sale. They do not carry inventory.

While competition exists, this industry incumbent boasts a blue-chip name in the hospitality industry. Their staff's skill set and the firm's reputation place them in a select category, granting them a unique competitive advantage that industry entrants cannot replicate and that create ---last look' opportunities not offered to competitors. Client's typical 5-6 ---refresh' and 10---12-year remodel cycles provide a recurring revenue base (those these cycles may have a front of house focus). It is estimated that 60% of revenues are from new tenant improvements with 40% derived from remodels.

The sale comes with a solid recurring base of clients that accounted for approx. $4.7 ml in 2020 kitchen revenues, as well as an anticipated continued source of referral business coupled with a new client stream.


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $5,000,000
Cash Flow:   $266,000
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As negotiated
Reason For Selling:  Personal


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Hospitality Procurement & Kitchen Design Photo 1

Print Listing Id: 700372542
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers

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