Commercial Refrigeration Parts Manufacturing and Service Business

Business Description

For sale is a 18-year-old Los Angeles business that specializes in the manufacturing, service and installation of custom-made parts for commercial refrigeration units.

They have an active customer database of over 5000 clients and are the largest manufacturer of their kind in California (with no one client representing a significant portion of revenue). Their customers are wide-ranging across industries, including restaurants, grocery stores, school districts, hospitals, resorts, military bases, convenience and liquor stores.

Revenue was down in 2020 and 2021 as they dealt with the pandemic’s effect on the restaurant/hospitality industry but numbers rebounded in 2022.

The business has 11 employees and there are no licenses needed to run the business. The owners are open to training a buyer and ensuring a successful transition process.


Financial Overview

Asking Price: $2,000,000

Revenue: $1,593,229

Income: $537,981

Multiple: 3.7x

The listing is either pending or closed so the NDA cannot be signed