Description

A leading beverage equipment, service, and installation company. The company installs and services all makes and models of beverage equipment, mostly those used for soda, beer, and liquor.

Key Aspects
· Large corporate customers such as Coca-Cola, Walt Disney World, McDonalds, and Universal Studios
· Exceptionally knowledgeable in the Coca-Cola Freestyle system and travels to locations worldwide to service these machines
· The company is an approved vendor with agent code for Coca-Cola, a status that is very difficult to obtain
· The company includes two smaller ancillary businesses that are included in the sale: master importer for clamps produced in Brazil and a brand of dehydrated food product that is highly utilized by school
systems
· Additional relationships have been built through the company's involvement in consulting projects, which have been generated by the trusted expertise and experience of the company's employees

Opportunities
· A project with a large fast-food chain has just been secured, which will increase sales by a minimum of $2.2M in 2017
· The company is the chosen beverage installation and service provider for 80% of McDonalds restaurants in Florida, and McDonalds would like the company to expand into restaurants outside of the state
· The company is currently installing new iced tea beverage equipment into 400 McDonalds locations in the State of Florida, which will result in a substantial increase in revenue by year-end 2016
· Scalable business that could operate in other areas of the country

Market Currently Served
Hospitality industry throughout the State of Florida

Real Estate
The company owns two buildings in Florida. The main facility is 10,000 sq. ft. of warehouse and administrative/training space. The other building is 3,100 sq. ft. and leased annually to a non-related party.
Both buildings can be included in the sale of the business.

Shareholder/ Owner Objectives
Shareholders are collectively pursuing a sale in order to explore other interests. Each shareholder is open to various deal structures and remaining with the company for a negotiated transition period.

Posted Oct 11, 2016

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