New Hampshire Specialty Market Lakes-Mountains ...

Confidential, NH

Asking Price: Annual Revenue:
$575,000 $278,183

Food & Beverage: Convenience Stores

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RE: New Hampshire Specialty Market Lakes-Mountains ... Broker: Jay Polimeno
Owner Financing is Available!

Quick Facts

Asking Price: $575,000
Annual Revenue: $278,183
Net Profit: Not Disclosed
Cash Flow: $30,462
Total Debt: Not Disclosed
FF&E: $50,825
Real Estate: Not Disclosed
Year Established: 2016
Employees: 9
BBN Listing #: 704451863
Broker Reference #: NEWHAMP001-N38

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Business Overview:

This business opened in August, 2016 by the current owners. The business was founded in response to the owners’ inability to get to the local farmers’ market during their limited hours. They invited local farms and artisans to supply them with their wares to be offered to the public seven days per week and are now supporting over 25 of those local farms and artisans. The business operates as a Subchapter S Corporation. The real estate is also owned by the sellers under a separate entity and is included in the sale. The market has grown into a very popular take-out service as well. Daily they offer two hot soups (meat and vegetarian); prepare at least one entrée option (meat and vegetarian); prepare and offer a dozen side dishes; feature an impressive assortment of baked goods (most gluten free); offer a sandwich and smoothie menu, as well as provide a wide assortment of grocery items. They also gladly cater any size event. Offered for sale is the business entity, including all tangible and intangible assets as well as the real estate. The multi-use building, which also includes two income producing apartments, is in very good condition and fully functional as a market with ample parking. Loyalty of local families and businesses helps yield strong year-round numbers.

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Reason for Selling:

The current owners are looking to retire after 48 years in business. They are very comfortable that the key employees will stay for a professional buyer.

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.

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