Sucessful Butcher Shop & Restuarant

Not Disclosed, KS


Asking Price: Annual Revenue:
$1,525,000 $2,613,328

Food & Beverage: Miscellaneous


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RE: Sucessful Butcher Shop & Restuarant Broker: Chris Kerth

Quick Facts

Asking Price: $1,525,000
Annual Revenue: $2,613,328
Net Profit: Not Disclosed
Cash Flow: $528,659
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 32
BBN Listing #: 88484955
Broker Reference #: 5513-14497

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Business Overview:

Very popular butcher shop that has been in the market for generations. This business also includes an awarded winning restaurant at the same location under the same roof. The two concepts promote one another allowing the consumer to sample the final product and the option to take a fresh cut home for the grill. The restaurant brings a steady flow of foot traffic. The business has evolved over several generations and is a well know destination but has not lost its sense of tradition. The new location and facility has produced additional awareness in the market and created diversification for the owner. Business hours could be extended from the current Monday through Saturday. Closed Sunday.

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Property Features and Assets:

The Real Estate is also owned by the seller and available for sale. A new owner has two options 1. Lease the location 10-year at approximately $11,225 per month NNN or 2. Purchase the Real Estate $1,100,000. If the Buyer is seeking bank funding, the additional purchase of Real Estate will have a positive effect on debt service for the entire purchase. Option 1 lease rate is included as an expense in the financials. The new facility includes new equipment which is on a scheduled maintenance program and is serviced regularly. Total Assets: $179,980

Market Competition and Expansion:

Consumers shop larger retail chains for most groceries but will make a special trip to this destination for its quality and service. The current owner has taken a very active roll in the company which has played a factor in the success. Recent expansions have created a number of additional opportunities. More than the owner cares to pursue. A team approach to management would enable the business to grow at a steady, controlled and efficient rate.

Reason for Selling:

Retirement.

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.

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