Description

This company has been servicing clients from Montauk to Manhattan for over 40+ yrs with the installs (20%) , service (75%) and rentals (5%) of commercial restaurant & kitchen equipment. Schools , Hospitals , Colleges, Nursing Homes, Supermarkets, Sports Arenas & Country Clubs are some of the high profile institutions that they service. The equipment dealer sells the particular job to the customer and then sends it to this company for the Install. These high end companies become repeat customers for the servicing of this equipment. This Company is perfect for someone already in this Industry looking to expand their portfolio or an eager buyer looking to break into this field. They have continually succeeded in keeping their client's commercial kitchen equipment running safely and in accordance with factory specifications. Located on Long Island, they serve the 5 boroughs NJ, CONN and all the way to Montauk. 2023 Gross sales @ $4.4MM and a net of over $800K and still has room to grow with an experienced operator. Owner will stay on for an agreed amount of time to help with the transition. Facility which is 12,500 sq ft is centrally located in Nassau county. The building and property is also available as an addition at 4mm

Property Information

  • Listing Number: 12171
  • State: New york
  • County: Nassau

Financial Information

  • Asking Price:$4,100,000
  • Gross Income:$4,400,000
  • Cash Flow:$829,547

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