Business for Sale Overview:
This recently renovated Market located in a very desirable neighborhood offers a wide range of high quality gourmet meats, cooked goods and other foods. Many products are custom; fresh meats, frozen and packaged products with unique brands not easily available elsewhere are a draw to local residents, and return customers. The 2,800 square foot facility offers Beer, Wine and other grocery type goods. An Owner operator could very easily add: Fresh Fish, Produce, Flowers, Gift Baskets etc. This is a divorce forced sale. This is great turnkey opportunity is a real Money Maker and is priced to move!
Sales: $821,897
Cash Flow: $253,000
Asking Price: $285,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
This is a storefront facility with excellent visibility and high traffic counts. The space is approximately 2,800 square feet with a 2,800 square foot basement. The facility has plenty of refrigeration. The basement also contains walk-ins and plenty of storage space.
Condition: The building and restaurant are in Very good condition.
Parking: There is dedicated parking and plenty of on street parking.
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: Two (2) years remaining on the lease with one Five (5) year option.
Base Rent: $4,670 NNN per month
Concept: Delicatessen & Meat Market
Hours: 8:00AM – 4:00PM. (but can be open much longer hours) Closed Monday & Saturday
Restrictions: None
Licenses: Beer & Wine Retail, tobacco license, Common Victual’s.
Market Competition and Expansion:
Market/Outlook: There is very little direct competition. The sales numbers are from the Meat Market the grocery side of the business is virtually untapped.
Reason for Selling:
Divorce
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.