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This exceptional opportunity presents a well-established food service equipment dealership in Michigan Center, MI. Boasting over 30 years of experience, this business has cultivated a strong reputation for providing high-quality commercial kitchen equipment, beverage and bar supplies, and smallwares to food service professionals throughout Mid-Michigan. The business includes a 7,000 square foot building encompassing showroom, retail, warehouse, and office space, conveniently located off a major interstate. The property is currently available for lease. The sale includes all furniture, fixtures, fixed assets, and a substantial inventory valued at approximately $350,000. Four full-time employees with extensive experience are in place, and the current owners will provide comprehensive transition training. Averaging over $4,000,000 in annual sales over the past three years, the business demonstrates consistent profitability, with a normalized annual Seller Discretionary Earnings (SDE) of $542,407. The asking price of $2,000,000 reflects a 3.0x multiple of the annual SDE, plus the inventory value and the significant goodwill associated with the established business, experienced staff, and valuable assets. The sale structure anticipates an asset sale, with the sellers retaining cash and minimal accounts receivable while retiring all liabilities. A substantial seller note may be available for a qualified buyer. This turnkey operation offers a rare opportunity to acquire a profitable, established business with significant growth potential.
Highlights
Established food service equipment dealership in Michigan Center, MI with over 30 years of experience.
7,000 SF building including showroom, retail, warehouse, and office space, located off a major interstate.
$4,000,000+ average annual sales over past three years, with $542,407 normalized annual SDE.
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Cash Flowing Dealer Of Professional Food Service Equipment, Michigan Center, Michigan, 49254
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
0 Cash Flowing Dealer Of Professional Food Service Equipment