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Commercial Kitchen Equipment Cleaning Business

IA

Commercial Kitchen Equipment Cleaning Business
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Asking Price: $460,500

Cash Flow: $92,912

Gross Revenue: $426,039

EBITDA: N/A

FF&E: $58,700

Inventory: N/A

Real Estate: $172,500

Established: 2012

Commercial Kitchen Equipment Cleaning Business

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Business Description

This commercial kitchen equipment cleaning business for sale in Eastern Iowa services more than 600 customers including restaurants, schools, fast-food chains, convenience stores, and more. Nearly all of the revenue in this business is recurring, as these customers require kitchen cleaning services on a regular basis. The business provides all the required documentation to customers for submission to insurance companies and for display to inspectors. Employees of this business are well-trained and technicians are certified to industry standards. The business has a strong brand reputation for reliability, compliance, and customer service throughout its large market area.

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Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
2,400
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business operates out of a 2,400 square foot space with a small office and 2 bays with overhead doors that can fit four vehicles. The building has additional bays that could be purchased if the business continues to grow.
Growth & Expansion:
There is significant growth opportunity for this business since there are thousands of commercial kitchens in the area and limited competition. Additionally, many of the metro areas in Iowa are implementing stricter code compliance and increasing the equipment cleaning frequency requirements.
Reason for Selling:
Owner will be relocating to another state.
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Brad Dostal

Business Listed By:
Brad Dostal

Benchmark Business Group

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Sponsoring Broker:
Dennis Henderson

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