Seller's Contact Information
- RE: Port City Smokehouse
- Contact: Small Business Deal Advisors
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $781,894 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $142,559 | |
Total Debt: | Not Disclosed | |
FF&E: | 30,000 | |
Real Estate: | $300 | |
Year Established: | 2007 | |
Employees: | 10 | |
BBN Listing #: | 924045079 | |
Broker Reference #: | 814 |
Business Overview:
Port City Smokehouse is a beloved old-world smokehouse, deli, and eatery. The Company specializes in the finest smoked fish, meats, and in-house made products. Port City Smokehouse’s menu features a delicious array of fish sandwiches and dinners, smoked BBQ dinners, pork sandwiches, and more.
The Company has developed a strong reputation amongst its customers. Port City Smokehouse is located in Frankfort, Michigan. The town is a popular tourist destination and brings in an abundance of visitors every year. The Company’s products are well-loved by both locals and tourists alike, with many recurring customers.
Port City Smokehouse is well-known and very profitable. The Company is open from mid-May through October. This business could allow new ownership to enjoy the summer in Northern Michigan and make a great wage in the six months the business is open and take the other half of the year off.
After many years of owning and operating the Company, the current owner is seeking to sell the business in order to transition into retirement. Ownership is open to partnership considerations.
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Property Features and Assets:
The facility is 3,500 square feet and features a retail space, large production room, kitchen, and smokers.
Market Competition and Expansion:
Investment Highlights Include: (1)Well-Known by Locals and Tourists (2)Niche Products & No Direct Competition (3)Prime Location Growth and Expansion: (1)Growing Local Area (2)Lengthen the Company’s Season (3)Open a Second Location
Reason for Selling:
Ownership would like to pursue retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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