Price: $895,000
Location: Greater Vancouver Area
Province: British Columbia
Industry: Restaurant Equipment Service and Repairs Electrical/Electronics/Mechanical
Listing ID: VANCOBC002-55513
Available for acquisition is a long-established leader in the hospitality and restaurant equipment repair industry with decades of experience. With a strong brand reputation, consistent profitability, and significant growth potential, it offers an attractive turnkey investment opportunity for buyers seeking a stable and scalable business in a recession-resistant market.
Down Payment: $895,000
Total Sales: $683,000
Cash Flow: $280,000
Accounts Receivable Included: Yes
FFE Included: Yes
Inventory: $8,000
Inventory Included: Yes
Year Established: 30+
Days & Hours of Operation: M-F 9-5
Lease Option: Yes
Type of Location: Industrial
Square Footage: +/- 800
Relocatable: Yes
Facilities Information: The business presents the unique advantage of being location-independent. It can be run from any point in Southern British Columbia with minimal effect on current-level operations. Moreover, the sale includes vehicles, making onsite repairs convenient.
Terms and Conditions?: Share Sale on a Cash Free and Debt Free Basis
Reason For Sale: Retirement
Training & Support: Training and transition available
Historical Summary: “With over three decades worth of supplier and client relationships, this outstanding business presents an opportunity for prospective buyers to acquire a turnkey operation with a solid financial history and an
unmatched industry standing.”
Owner Qualifications: Past small appliance service and repair experience at a minimum
Potential Growth: The business can expand its client base by increasing its workforce to immediately take on additional work from its current clients. It can also capitalize on the balance of the hospitality and commercial kitchen service, repairs, and preventative maintenance on equipment not currently serviced, as well as further
capitalizing on the cruise ship industry.