Well-Known Meat & Produce Market

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$125,000 $1,671,664

Food & Beverage: Grocery & Food Stores


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RE: Well-Known Meat & Produce Market Broker: Inquiry
Owner Financing is Available!
Seller financing available with $50,000 down payment.

Quick Facts

Asking Price: $125,000
Annual Revenue: $1,671,664
Net Profit: Not Disclosed
Cash Flow: $41,849
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1948
Employees: 13
BBN Listing #: 1992679
Broker Reference #: B2669

Email or Print Listing

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Business Overview:

Our firm is proud to bring to market this long-established and well-known Downriver Meat & Produce store. This is a family-owned and operated market that specializes in high-quality food & meats. The market has been in the local area since 1948 and has served the community strong. Since it is a staple in the local area, it has hundreds of 5-star reviews on all social media platforms.

The building is around 5,640 Square Feet with an apartment on top that brings in around $850 a month in additional revenue with a long-term tenant. The building is well organized to make a quick grocery trip convenient with its produce section, freezer section, and few aisles for other grocery items. It has a large meat cooler to showcase Boar’s Head lunch meats and the great selection of high-quality meat products that they are known for. The back of the store has a large butcher area along with many coolers and freezers. There is also a small kitchen that offers the locals hot lunch and dinner foods.

The sales have been growing year after year as people lean away from big box stores and prices. 2019 gross sales were $1,554,302, 2020 $1,600,454, and 2021 $1,671,644. The current owner oversees the operations within the store and has 4 Full Time employees and 8 Part Time.

The owner does zero advertising and is ready to retire. A new owner can start marketing in the local area, offering more community-oriented products/meats, and adding more menu items to the kitchen to increase sales dramatically. Local Produce markets are growing in demand, don't miss your opportunity on this one that is turn-key and comes with real estate.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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