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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
61
/100 score
Strong

Commercial Kitchen Equipment Repair

Restaurants can't afford downtime. You fix that.

Commercial kitchen equipment repair technicians service the fryers, ovens, walk-in coolers, dishwashers, and ice machines that every restaurant depends on. When equipment breaks, restaurants lose money by the hour — making this an emergency service with premium pricing power. A real acquisition: PGM Service in Tampa sold for $1.64M on $2.6M revenue and $500K+ SDE — a 3x multiple on a recession-proof business.

Avg Revenue

$900K

Profit Margin

28%

Acquisition Multiple

2.5x - 4x

Startup Cost

$20K - $80K

Difficulty

3/5

How It Works

Technicians hold factory certifications from equipment brands (Hobart, Vulcan, Manitowoc, etc.) and respond to emergency repair calls or scheduled preventive maintenance visits. Emergency calls command premium rates ($150–$250/hour plus parts). Preventive maintenance contracts with restaurant chains provide recurring monthly income. The business scales by adding technicians and expanding into new restaurant accounts.

Revenue Range

Low End
$400K
Typical
$900K
High End
$3.0M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 811310 · Commercial and Industrial Machinery and Equipment (except Automotive a

Deals tracked
134
52 in last 24 mo
Median loan
$776K
$250K–$1.6M p25/p75
Implied deal size
$912K
median · ~85% LTV
Charge-off rate
0.0%
of loans that finished

Deal Size Distribution

<$150K
19
$150K–500K
30
$500K–1M
32
$1M–2M
31
>$2M
22

Deal Flow Over Time

Deals per year · median loan
$623K
2020
22
$930K
2021
21
$720K
2022
17
$891K
2023
9
$746K
2024
31
$773K
2025
30
$675K
2026
4
12-month momentum
-51.4%
deal volume vs prior 12 mo
Median loan Δ
+66.3%
17 recent · 35 prior

Financing Profile

Median rate
9.75%
17% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
97%
of loans secured
Median jobs
10
supported per deal
Top lenders in this space
Live Oak Banking Company16
The Huntington National Bank15
Brookline Bank, a Division of Beacon Bank and Trust5
First National Bank of Pennsylvania5
First Internet Bank of Indiana4
Where deals happen
TX16
CA13
PA8
CO8
OH8
MI7
FL6
MA5
IL5
MO5

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Nov 2025MI$882K$1.0M13
Nov 2025MI$200K$235K10
Nov 2025MI$468K$551K10
Nov 2025AZ$1.9M$2.3M12
Sep 2025TN$2.3M$2.6M17
Sep 2025TX$3.1M$3.7M20
Sep 2025TX$1.8M$2.1M44
Sep 2025OH$100K$118K1
Sep 2025OH$3.1M$3.6M1
Sep 2025CA$921K$1.1M7Pirtek
Volume rank #55/534Deal-size rank #222/534Momentum rank #268p90 loan: $2.4MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Emergency pricing power — restaurants pay premium to get back online fast
  • +Manufacturer certifications create defensible competitive moats
  • +Recurring revenue through preventive maintenance (PM) contracts
  • +Restaurant industry is massive and always needs equipment serviced
  • +SBA 7(a) financing readily available for acquisitions

Cons

  • -Requires technical training and manufacturer certifications
  • -Skilled technicians are hard to find and retain
  • -Parts procurement can be slow and tie up working capital
  • -On-call emergency culture can be demanding on staff

Best For

Former restaurant equipment techs going independent; searchers with mechanical aptitude looking for a B2B service business with SBA financing potential

Operating Costs

Labor (certified techs) is the primary cost at 40–50% of revenue. Parts markup (100–200% over cost) is a major profit driver. Vehicles and tools run 10–15%. Established operators with PM contracts report EBITDA margins of 20–30%.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$992/mo
after debt service
Deal price — $1.8M
Range: $1.8M (2.5×) to $4.5M (4×+)
Down payment — 15% ($270K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.75%
SBA median for this category: 9.8%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$270K
15% equity injection
Loan amount
$1.5M
85% SBA-financed
Monthly payment
$20K/mo
$871K total interest
Monthly profit
$21K/mo
at 28% margin
Monthly cash flow after debt service
+$992/mo
Down payment paid back in ~273 months — long horizon

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

Acquiring Minds - PGM Service Case Study

Real acquisition story: $2.6M revenue commercial kitchen repair business bought for $1.64M

BizBuySell - Food Service Businesses

Restaurant equipment service businesses listed for acquisition

Eagle Dawn Capital

Detailed teardown of a commercial kitchen repair acquisition target

61/100Strong

Acquisition Score

Profit margin
19/30
Entry multiple
21/25
Market depth
7/20
Risk (charge-off)
15/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$2.3M$3.6M

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