Business Overview:
The market was opened in 2018 by the current owner. The business is multi-dimensional as it is a one stop shopping farmer’s market, garden center, Italian market & deli, and convenient grocery store. The business was founded in response to the owner’s understanding that there was an area need for a specialty market featuring a year-round garden center; daily fresh produce; a deli featuring Italian meats, cheeses, calzones, and breads; Amish specialty mustards, relishes, pickled products, and jams; and fresh meats, eggs, butter, maple and honey syrups; and convenience items. Seasonally, the store thrives during the holidays and throughout the year selling all types of plants including lilies, mums, tropical plants as well as pumpkins, Christmas trees, and fresh produce daily. The sales mix is made up of 43% produce, 25% deli, 16% grocery, and 16% plants. The owner supports local farms and is open daily.
The business operates as an LLC. The current lease extends through December 1, 2021, with a one-year option, followed by two five- year options. The lease is transferable with the approval and consent of the landlord.
The market continues to grow in popularity resulting in revenues more than doubling from 2019 to 2020. Their commitment to consistent radio advertising brings new customers into the store every day from all corners of New Hampshire as well as New England.
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Reason for Selling:
The current owner is looking to retire after many years in business.
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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