Commercial Kitchens, Inc.
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Commercial Kitchens, Inc. - overview
Established
1976
Location
Milford, CT, US
Primary Industry
Business Support Services
About
Commercial Kitchens, Inc. specializes in providing comprehensive repair and maintenance services for commercial kitchen equipment, ensuring optimal functionality and longevity for food service providers across multiple regions. Founded in 1976 and headquartered in Milford, US, Commercial Kitchens, Inc. focuses on repair services for kitchen equipment.
The company was acquired by Foodservice Technologies Inc. in November 2021. Richard Pinto currently serves as CEO, bringing extensive experience in the industry. Commercial Kitchens specializes in comprehensive repair services for kitchen equipment, addressing a diverse range of brands and types, including gas, electric, refrigeration, steam, and microwave technologies.
Their core offerings encompass not only post-failure repairs but also proactive preventive maintenance through service contracts, designed to minimize downtime and ensure optimal kitchen operations. This dual approach targets commercial kitchens across Connecticut, Westchester County, NY, the New York City Metro Area, including Queens, and Northern New Jersey. The company caters to a broad client base, including restaurants, catering services, and institutional food service providers, fulfilling the critical need for reliable kitchen functionality and longevity. Commercial Kitchens generates revenue through a combination of service contracts and on-demand repair services.
Clients typically engage with the firm for both preventive maintenance agreements and urgent repair needs, allowing for a steady income stream while addressing sporadic service requests. The company structures these transactions primarily through B2B relationships with commercial clients, as well as direct-to-consumer engagements for smaller establishments. Specific pricing plans related to these services are established based on the nature and scope of the work required, with contracts ensuring predictable revenue flows for ongoing maintenance while individual repair services are priced according to the complexity of the issue and the equipment involved. The acquisition of Commercial Kitchens, Inc.
by Foodservice Technologies Inc. in November 2021 aims to expand their reach in the Tri-state area and the foodservice end market. Moving forward, the company is focused on enhancing its service offerings and exploring potential new markets for growth.
Current Investors
Tech24
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services
Website
www.commercialkitchensusa.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Commercial Kitchens, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Commercial Kitchens, Inc. | - |
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