Commercial and Industrial Oven Manufacturer
| Gross Revenue: | $3,077,000 |
| EBITDA: | $716,000 |
Listing ID: 2287790Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a family-owned manufacturer of commercial ovens including full product lines of gas and electric ovens. The Company has served food service end markets for over 100 years.
Key Aspects
· The Company has a strong reputation and extensive experience having
been a member of the food service end market for over 100 years
· Repeat customers accounted for an average of 77% of revenue from 2021
through 2023
· The Company's revenue has grown by a compound annual growth rate
(CAGR) of 12.4% from 2020 through 2023
· The Company generated an average adjusted EBITDA margin of 22.7% from 2020 through 2023
· Financials as of 12/23
REF-BN000052955
DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
· Grow revenue by expanding manufacturing capacity
· Implement a strategic marketing campaign to better reach additional
customers
· Expand customer base by focusing sales and marketing efforts on retailers · Increase production by operating at full capacity
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