60 Yr. Old Meat Market & Award Winning Restaurant

Not Disclosed, KS
Shawnee County

Asking Price: Annual Revenue:
$990,000 $3,579,168

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 60 Yr. Old Meat Market & Award Winning Restaurant Broker: Chris Kerth

Quick Facts

Asking Price: $990,000
Annual Revenue: $3,579,168
Net Profit: Not Disclosed
Cash Flow: $511,822
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 27
BBN Listing #: 41414955
Broker Reference #: 5513-14497

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Business Overview:

2020 was a banner year for this popular meat market and award-winning BBQ restaurant serving Topeka and surrounding areas. These two concepts promote one another and create diversification for the owner. The restaurant brings a steady flow of foot traffic. This dual concept has evolved over several generations and is a destination for locals. The new location and facility are designed and constructed specifically for the business. Many avenues to grow. Great family opportunity.

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Property Features and Assets:

Real Estate is available. Great location - high traffic, great visibility, easy access, and plenty of parking. The buyer has two options 1. Lease the location 10-year at approximately $11,225 per month NNN or 2. Purchase the Real Estate. 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. Assets= $179,980

Market Competition and Expansion:

Consumers shop larger chains for their groceries and make this a destination for meat. Retail meat prices are competitive and many times lower than big box stores. Large retailers don't compare in quality and customer service. The current owner has taken an active role in the company. Recent expansions have created a number of additional opportunities. More than the owner can juggle. A team approach to management would enable the business to grow at a steady, controlled, and efficient rate. The business and real estate are priced to sell. Lenders are available and eager to work with qualified buyers.

Reason for Selling:

The seller plans to retire.

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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