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Business For Sale
SPECIALTY FOODS, GOURMET CHEESES, CATERING & GIFTS
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Asking Price: |
$525,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Non-classifiable
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Reason for Selling:
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Ill partner. |
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Year Established:
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1975 |
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# of Employees:
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2 F/T, 4 P/T |
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Yearly Revenues:
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$958,000 |
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Yearly Cash Flow:
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$200,000 |
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Monthly Payroll:
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$8,000 |
Business for Sale Overview:
Successful, well-known, gourmet shop on the busy, main thoroughfare of a popular, charming village in Westchester. The store offers fresh high-end gourmet foods, imported cheeses, gifts and top-tier catering. The owners are hands-on operators, providing their clients with warm, personal attention befitting of an affluent, small village environment. The store has been around for decades and has enormous brand value in the entire region.
The owners are highly motivated to sell after having tried to operate without an ill partner and determining the workload is too great.
Property Features and Assets:
The kind of location that is only available on rare occasion. 1,700 sq. ft. street front store, plus additional 420 sq. ft. private basement storage, as well as 180 sq. ft. loft space storage. Large, convenient public parking lots on the corner and across the street, as well as street parking right out front. Equipment & fixtures include numerous display cases, walk-in refrigerator, Garland stove, (2) Garland ovens, (2) freezers, custom display shelving and computer.
Market Competition and Expansion:
Competition: No other store in the area has the product, name recognition or the history.
Growth and Expansion: Develop a robust online e-commerce storefront, add more gifts & non-perishable products and market more aggressively & consistently.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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