Kitchen Equipment Maintenance Business – Sydney

The company started in 1987, 37 years ago, and was acquired by the present owner 15 years ago, in 2010. The business has built up a reputation for a high standard of work delivered on time, which is vital when a whole kitchen or catering operation has to meet deadlines. The company is involved with the repairs and the periodic maintenance of all types of kitchen equipment, which it performs under a service contract providing recurring revenue. The company is a preferred supplier to a number of brands, but can also repair most types of commercial kitchen equipment.

The company has built up a loyal customer base of restaurants, hotels, hospitals, aged care facilities and any organisation that has commercial kitchen facilities.

• Established 37 years
• Loyal Customer Base
• High Margins
• History of Profits
• Good Growth Potential
• Great Reputation for Quality Service
• Simple Management
• No Experience Required

Depending on the buyer’s experience, the owner will provide a training period of up to 4 weeks to help with a smooth transition.

This would be a good business for a husband and wife team. Alternatively, it would be a “bolt-on” for anyone in the catering equipment industry.

Asking Price: $1.35M for the assets and goodwill. Stock is not included and is estimated at $350,000 at cost value.