Business Details

Re-seller of Restaurant Equipment

Location : Orange County

Type of Business : Used Restaurant Equipment Reseller

Asking Price: $350,000
Inventory: $350,000

Gross Sales: $1,200,000

Summary of Business

Re-seller of used Restaurant Equipment for the last 22 years. All sales are done in the online marketplace. Great Markups running from 300 - 600%. 

**PRICE INCLUDES $500-600,000 OF MERCHANDISE PRICED AT SELLER'S COST**
2 long-time employees will refurbish, pick up and deliver the equipment. They have extensive experience in any refurbishing needed, the seller does not get involved in this process at all. Great industrial space with heavy-duty shelving and racks built out plus a fenced in yard an office space. All sales are done online utilizing E Bay, Facebook and a few others.
This business has been a money-maker for decades. Work 5 days a week and close weekends. 
Low mileage 2019 Mercedes Sprinter truck with lift gate available for additional $40,000.

Exceptional Value. Purchase a good cash-flowing business for inventory cost only.

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Other Details

Reason for Sale: The seller has multiple other businesses and not enough time to devote.

Income

Gross Yearly Sales: $1,200,000
Adjusted Yearly Net Profit: $360,000

Rent

Total Rent: $8,800
Options: 0
Sq. Ft: 6,500 + Yard

Employees

Full time: 2
Hours of Operation: M-F 7am -4pm Payroll: $6,000

Expenses

Insurance: $7,200 per year
Gas: $inc in rent
Electric: $inc in rent
Water: $inc in rent
Trash: $inc in rent
Cost of Goods: $20-30%

Additional Details


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