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Business For Sale

Highly Profitable Meat Market and Grocery

Albany Area, NY, USA

Retail: Non-classifiable

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,495,000
$3,500,000
$640,000
$700,000
$34,000
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1979
12
532326102
Owner Financing is Available
Limited seller financing is available to qualified parties.

Business for Sale Overview:

This business is a full service butcher shop and meat market, providing a full line of deli meats, prepared foods, grocery and specialty items. The company is particularly noted for the wide range of smoked meats that are prepared in house. During its thirty year history, the business has been relocated three times to larger space, with no appreciable loss of clientele. Their reputation for providing quality foods at reasonable prices has produced a fiercely loyal customer base, without any other type of marketing effort. Occasionally, a glowing newspaper article or human interest story about the company will spark a wave of new activity.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The company leases approximately 5,200 square feet of space, divided to provide about 2/3 of the space for retail and the remainder used for food preparation, smokehouse, office space and storage. Equipment consists of a wide array of deli cases, coolers, freezers, walk-ins, meat cutters, saws, choppers and grinders, assorted display racks and shelving. A complete and detailed equipment list is available for review.

Market Competition and Expansion:

The only local competition is an independently owned and operated grocery and deli about one mile away. There is no local competition for the smoked and prepared meat products that are prepared in-house. The owner feels that the business should remain specialized and not attempt to compete with the major food chains. The smoked and prepared meats continue to be the most requested items in the store and could easily be expanded. Due to popular demand, a seafood section was briefly added to the store's product line. Although enormously popular, the current owner didn't feel that he had the product knowledge to properly maintain that department. Sales volume increases substantially every year, with year-to-date figures for the first half of 2009 up 77% over last year.

Reason for Selling:

The owner would like to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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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