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BIZBITE

Commercial Kitchen Equipment Repair

Restaurants can't afford downtime. You fix that.

Bottom line

Accessible entry point; validate local supply before buying.

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.

Acquisition score
Margin · multiple · SBA data
55Strong
Avg revenue
$900K/yr
$400K–$3M range
Profit margin
28%
~$252K SDE
Multiple
2.5–4×
of SDE
Est. buy price
$630K–$1.0M
startup: $20K–$80K

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.

BizBite verdict

Watch / verify

Commercial Kitchen Equipment Repair maps to the Commercial Kitchen Equipment Repair model. The category can work for acquisition buyers, but the right answer depends on source freshness, verified economics, and the specific red flags below.

55Strong
medium data confidence · 72/100strong financing fit

Why it may work

  • +Category usually has strong acquisition-financing fit
  • +SBA dataset shows 59 recent comparable loans
  • +5 clear operating upside levers identified

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet

Category operating model

Commercial Kitchen Equipment Repair

high labor
medium capex
medium owner

Revenue drivers

  • Billable technician hours and service calls by equipment class: hot-side, cold-side, warewash, ice, and HVAC-adjacent
  • Hourly rate, trip charge, emergency premium, and first-time fix rate
  • Parts markup, warranty reimbursement, and manufacturer authorization mix
  • Preventive-maintenance contracts with restaurants, institutions, hotels, and chains
  • Technician recruiting, certification, dispatch density, and truck inventory discipline

Key risks

  • Technician shortage capping revenue while customer demand looks unlimited
  • Callback-heavy techs destroying gross margin and customer trust
  • Warranty work reimbursing below true loaded labor cost
  • Owner as master technician, dispatcher, estimator, and key-account relationship
  • Parts inventory bloat, obsolescence, and supplier-credit constraints

What you need to believe

  • The company can recruit and retain technicians after the seller leaves
  • First-time fix rate and parts discipline are high enough to defend margin
  • PM contracts and key accounts create recurring demand beyond emergency luck
  • Hourly rates and trip charges are not stuck below market because of legacy customers
  • The buyer can professionalize dispatch without losing the craft knowledge in the vans

Unit economics

How one unit makes money

Modeled per one local foodservice equipment service company with 4-6 field technicians. Every line shows its arithmetic — rebuild any number yourself.

Revenue build-up

LineLowBaseHigh
Break-fix service calls and labor1,500-6,000 calls/yr × $225-$300 labor/trip realization; base uses 2,500 calls × $250 = $625K$350K$625K$1.8M
Preventive maintenance and contract work60-400 accounts × $2K-$3K annual PM spend; base assumes 75 accounts × $2.4K = $180K$30K$180K$800K
Parts markup and emergency premiums10%-25% of labor revenue from marked-up parts, rush rates, and after-hours work; base is ~16% of break-fix labor$40K$100K$500K

Where it goes — cost structure

  • Technician labor and payroll burden3648%

    The scarce asset is a tech who can fix gas, electric, steam, refrigeration, and controls without three return trips.

  • Vehicles, tools, truck stock, parts write-offs, and equipment reserve916%

    Parts discipline separates service margin from a rolling junk drawer.

  • Warranty/admin/dispatch/software/phones510%

    Warranty claims and dispatch closeout can quietly eat an otherwise good hourly rate.

  • Insurance, licensing, training, certification, and safety48%

    Refrigerant, gas, and electrical work are not handyman work; credentials matter.

  • Sales, account management, callbacks, bad debt, and collections612%

    Restaurants are high-urgency customers and sometimes low-quality payers.

SDE margin · low
18%
SDE margin · base
28%
SDE margin · high
34%

What actually swings the deal

  • Billable calls per technician-week

    one extra $250 realized call/week across 5 techs adds $65K annual revenue

  • First-time fix rate

    a 10pt miss on 2,500 calls can create 250 return visits; at $250 capacity each, that is $62.5K of lost saleable time

  • Average realized labor/trip charge

    a $25 price increase across 2,500 calls adds $62.5K revenue if callbacks stay flat

  • Parts margin and inventory turns

    5pts of extra gross margin on $300K of parts throughput is $15K SDE, but obsolete stock reverses it fast

Benchmarks to memorize

Commercial kitchen repair hourly charge$75-$150/hr directional range
Typical repair job cost$200-$500+ for ordinary commercial appliance repairs; complex refrigeration can exceed $1K
SBA 7(a) median implied deal, NAICS 811310~$916K
SBA median jobs supported, NAICS 81131010 jobs
Healthy EBITDA/SDE margin20-30%
The ceiling

At 5 technicians, 10 billable calls per tech per week, 50 weeks, and $250 realized per call, labor/trip revenue is $625K. To reach $1M without hiring, the company needs PM contracts, parts margin, emergency premiums, and fewer callbacks; otherwise the ceiling is literally the technician calendar.

Market analysis

Who owns these & where demand comes from

Fragmented skilled trade serving restaurants, hotels, institutions, convenience stores, and commercial kitchens. SBA NAICS 811310 shows 142 change-of-ownership loans and a median implied deal near $916K, reflecting financeable local companies rather than tiny handyman routes.

Tailwinds

  • Technician scarcity makes established teams valuable acquisition assets
  • Chains and institutions prefer vendors with documentation, dispatch, and PM programs
  • Parts data and truck-stock analytics can improve first-time fix rate in a fragmented market

Headwinds

  • Recruiting and training skilled techs is slow and expensive
  • Warranty reimbursement can lag true labor cost
  • Restaurant customer credit quality is uneven, especially among independents

Demand drivers

  • Commercial kitchens lose revenue immediately when fryers, ovens, refrigeration, dishwashers, or ice machines fail
  • Health, food-safety, refrigeration, and warranty requirements push operators toward qualified technicians
  • Aging equipment and labor-constrained restaurants favor repair over replacement
  • Preventive maintenance reduces catastrophic downtime for institutions and multi-site groups

Regulation

Licensing depends on the work mix: refrigeration, gas, electrical, and boiler/pressure equipment may require specific credentials. Manufacturer authorization and CFESA-style training are not universal legal moats but they are real buyer diligence points.

Who you bid against

Regional service platforms, HVAC/refrigeration contractors, OEM service networks, and searchers all chase companies with retained technicians. Buyers should not pay platform multiples for a seller who is the only true master tech.

Competitive advantage

What protects the good ones

  • strongTechnician bench and certification

    Restaurants do not buy theory; they buy the person who can make the fryer, oven, ice machine, or walk-in work today.

  • moderateSwitching costs in emergency operations

    A kitchen keeps the vendor who answers, has parts, and knows the equipment history.

  • moderateManufacturer authorization and parts access

    Authorized service can drive warranty work and parts flow, though reimbursement quality must be tested.

  • weakReputation/reviews

    Useful for new accounts, but technician availability and first-time fix rate matter more than star count.

Who wins — and who loses

The winner runs dispatch like an operating room: right tech, right truck stock, right parts, first visit. The loser advertises emergency service, sends a junior tech without the part, eats a callback, and teaches the restaurant to call someone else next time.

How this niche degrades

  • Technician scarcity and wage inflation can cap growth even when phones ring
  • National chains and OEM-authorized networks can pull warranty and multi-location work toward larger platforms
  • Smart/connected equipment may improve diagnostics but also raises training requirements
  • Restaurant margin pressure creates slow pay and pushes customers to defer preventive maintenance until something breaks
Consolidation status

Active at the regional-platform level because foodservice repair has recurring emergency demand and scarce labor. Still, many markets are full of owner-led shops where the master tech is also the owner; those are dangerous unless the bench transfers.

SBA 7(a) data

Real acquisitions in this category

Change-of-ownership loans · NAICS 811310 · Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Deals tracked
142
59 in last 24 mo
Median loan
$779K
$250K–$1.6M p25–p75
Implied deal size
$916K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal size distribution

<$150K
18
$150K–500K
33
$500K–1M
35
$1M–2M
33
>$2M
23

Deal flow over time

12-month momentum
−31.4%
deal volume vs prior 12 mo
Median loan Δ
+64.4%
24 recent · 35 prior

Financing profile

Median rate
9.50%
22% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
10
supported per deal
Top lenders in this space
Live Oak Banking Company18
The Huntington National Bank15
First Internet Bank of Indiana5
First National Bank of Pennsylvania5
Beacon Bank and Trust5
Where deals happen
TX20
CA13
PA8
CO8
FL7
MI7
IL6
OH6
OR5
MO5

Recent comparable deals

ClosedStateLoanImplied deal
Mar 2026NY$3.3M$3.8M
Mar 2026FL$2.8M$3.2M
Feb 2026WA$900K$1.1M
Feb 2026AZ$1.4M$1.7M
Feb 2026TX$1.2M$1.4M
Feb 2026TX$250K$294K
Jan 2026TX$200K$235K
Jan 2026NY$500K$588K
Jan 2026TX$1.3M$1.5M
Jan 2026MD$965K$1.1M
Volume rank #54/544Deal-size rank #229/544Momentum rank #275p90 loan: $2.4MData as of Mar 2026

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.

Valuation framework

How these actually get priced

Valued on SDE or EBITDA depending on management depth, with technician retention and first-time fix data driving the multiple. The business deserves a premium when revenue is distributed across techs, PM contracts, and accounts; it deserves a discount when cashflow is the seller in a van.

Basis: SDE

What moves the multiple

  • ▲ PremiumTechnician retention and certification depth

    A transferable bench is the asset. Signed retention and fair wages defend value.

  • ▲ PremiumPM/contract revenue and key accounts

    Recurring maintenance lowers dependence on emergency lead flow.

  • ▲ PremiumFirst-time fix rate and callback history

    High first-time fix protects gross margin and customer retention.

  • ▼ DiscountOwner-master-tech dependency or warranty margin drag

    If the seller diagnoses hard jobs or warranty work loses money, reduce price or structure an earnout.

Worked example

At the BizBite midpoint of $900K revenue and 28% margin, SDE is about $252K. At the listed 2.5x-4.0x range, value is roughly $630K-$1.01M. A manager-run shop with retained techs, PM contracts, and clean parts margin earns the high end; an owner-dispatcher/master-tech shop with callback problems belongs near the low end.

Common buyer mistakes

  • Paying for revenue without checking technician-level margin and callbacks
  • Ignoring whether warranty work reimburses below true cost
  • Treating parts inventory at book value without aging and obsolescence
  • Assuming restaurant emergency demand is recurring customer loyalty

Deal Calculator

Priced off $252K SDE — can this deal service its own debt?

2.39×
DSCR · Lender-comfortable
Purchase multiple — 3.0× SDE ($755K)
Category range: 2.5×–4× SDE
Down payment — 10% ($76K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years
SBA median for this category: 120 months
Purchase price
$755K
3.0× of $252K SDE
Cash to close
$98K
$76K down + ~3% closing
Debt service
$9K/mo
$106K/yr on $680K loan
Cash-on-cash
149%
cash back in ~9 mo
Debt service coverage · what the lender sees
2.39×+$12K/mo after debt
Most SBA lenders want ≥1.25× coverage; 1.5×+ is a strong file.

SDE = revenue × margin estimate for this niche; it includes owner compensation, so budget your salary out of cash flow. Excludes working-capital injection, capex reserves, and taxes. Actual SBA terms vary by lender and borrower.

Due diligence checklist

Before you sign anything

  1. 01

    Export 24 months of service calls by technician, equipment type, labor hours, rate, trip charge, parts, gross margin, callback, and lead source.

    This verifies billable calls, average charge, first-time fix, and callback sensitivities.

    Red flagThe system cannot report technician-level margin or callbacks.
  2. 02

    Interview every technician and verify certifications, specialties, compensation, on-call burden, noncompetes where lawful, and post-close intent.

    The technician bench is the moat.

    Red flagTop techs are underpaid, seller-loyal, or planning to leave.
  3. 03

    Separate revenue and gross margin for PM, warranty, emergency, chain accounts, refrigeration, hot-side, and ordinary break-fix.

    Mix explains margin and durability.

    Red flagReported SDE depends on one-time emergency spikes or unprofitable warranty work.
  4. 04

    Audit parts inventory by SKU age, turns, truck stock, write-offs, supplier terms, and backorder history.

    First-time fix and parts margin are linked.

    Red flagLarge stale inventory balance or chronic missing parts causing callbacks.
  5. 05

    Measure dispatch utilization: calls per tech-week, drive time, after-hours calls, response time, and first-time completion.

    Technician calendar is the revenue ceiling.

    Red flagPhones ring but techs spend the day driving or revisiting jobs.
  6. 06

    Call top restaurant/institution accounts and verify response time, PM schedule, transferability, and who they trust.

    Emergency vendors can be sticky or purely personal.

    Red flagCustomers say they use the seller, not the company.

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%.

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

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