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Business For Sale

NATURAL FOOD MARKET AFFLUENT TOWN

Attn: Bob Fiske
Central, CT, USA
Listing Number: "1222RF"
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Asking Price: $199,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
# of Employees: 2
Yearly Cash Flow: $$86,163
Yearly Gross Income: $$822,887
 

Business for Sale Overview:

Well established branded retail meat and seafood market in growing upscale community in high end strip mall, specializing in all natural meat and fresh seafood. With the growing demand by the health conscious public for natural food products, this store has grown steadily since its opening in July ‘02. New owner does not need butcher experience since it is not necessary to cut up sides of beet. Meat products come in easy to handle and in sliced form. Operator need only to be comfortable with handling a knife. Owner willing to train until new owner comfortable with operation. Market is operating with owner and one full time employee who is capable of preparing meat products for display. There is part time labor for prime time hours and high traffic seasonal periods. There was a full time manager from 7/07 to end of year to help replace owner who was involved in another business opportunity. The manager left 1/08 and owner devoting more time to store to increase sales and profit margins. Net profit is estimated.


Property Features and Assets:

New 5-year plus 5-year option lease recently signed starting at base rent of $19,040 year with annual increases of less than 3%/year Triple net charges average approximately $850/month. Lease space is approximately 1120 s.f.


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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