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Business For Sale

RETAIL FRESH AND COOKED SEAFOOD POULTRY RIBS

Attn: Sidney Smith
New Castle, DE, USA
Listing #: 10424108
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Asking Price: $295,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retiring.
Year Established: 1953
# of Employees: 5
Yearly Revenues: $350,000
Yearly Cash Flow: $175,000
Yearly EBITDA: $175,000
Yearly Net Profit: $85,000
Yearly Gross Income: $350,000
Monthly Payroll: $3,200
 

Business for Sale Overview:

Open in 1953, Family run for 3 generations, 4 to 5 day work week. Room for growth. Inside a Market facility. Constant walk by traffic of customers. Open for business Fri-Sat-Sun. Prep on Wednesday/or Thursday. We sell fresh poultry, smoked products, fresh pork, fresh beef, Bar-B-Q Poultry, Pork, Sausages & Beef. Fried foods: seafood & poultry. Our nitch has always been great personal service, the freshest products and the relationships we have built with individuals & families for over 3 generations.


Property Features and Assets:

We are located inside a market location. Rent is every 4 weeks. 13 periods per year. Additional rent for extra days open before Christmas. 38 feet of refrigerated showcases, 1-6 foot hot food case, 5- 4 foot counter top hot food display cases. 2 BBQ rotisserie units, 2 deep fryers, 2 - 2 door upright freezers, stainless tables, 3 compartment sink, 2 compartment sink, walk in ice box 8' x 16'. 50' of overhead lighted signage. All equipment is maintained and in operating condition. There are talks underway for market management to expand. We have our own access to our store any time of the week. Wholesaling can be done to add additional income.


Market Competition and Expansion:

With in the market most of the items we sell are unique to our store. There are some items sold at other businesses in the market. Outside the market there are the usual supermarkets, Sam's Club, Walmart, BJ's Wholesale and so on. There is most definitely an opportunity to expand and gain more customers & to develop a wholesale business to sell products to other small retailers in the area.


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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