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Business For Sale

NEIGHBORHOOD MARKET, FINE MEATS, SPECIALTY FOODS

Attn: Bernard Cicirello
Denver, CO, USA
Listing Number: "4052008"
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Asking Price: $175,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
Reason for Selling: Retirement from industry
Year Established: 1991
# of Employees: 6
Yearly Revenues: $700,000
Yearly Cash Flow: $85,000
 

Business for Sale Overview:

Rare Opportunity! Centrally located this market is well known for Choice and Prime Aged Steaks, Natural Chicken and Pork as well as fresh Seafood. Many specialty meats are available ranging from Colorado Lamb, Veal, Marinated Meats, Duck, Geese and Pheasant. The market has been listed in Westword’s Best of Denver and The Denver Post’s top places to go. Their success can be attributed to serving neighborhood communities and local organizations. In 2004 the market expanded with sandwiches, a full deli, prepared foods, artisan cheeses and catering; resulting in continued growth year over year. 2005 grew 40% over 2004 as a direct result of expansion efforts; 2007 grew 20% over 2006; 2008 is expected to grow another 15% over 2007. Seller’s discretionary cash flow has remained relatively stable year over year for the last 3 years with 2008’s projection in line with historical performance. Employee performance is key to customer satisfaction. These employees are paid in most cases above industry standard wages to attract higher quality personnel. A confidential business profile is available to financially qualified purchasers; non-disclosure agreement required.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not 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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