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- RE: Retail Meat And Grocery Business For Sale
- Contact: Philip Webb
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $1,821,844 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $146,352 | |
Total Debt: | Not Disclosed | |
FF&E: | 268,905 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 12 | |
BBN Listing #: | 731658883 | |
Broker Reference #: | 86715-877846 |
Business Overview:
SBA Prequalified
The company has been in business for over 14 years as a retail food and specialty grocery business. The company has achieved consistent sales year over year while serving their community and creating an established reoccurring customer base for consistent same day sales activity.
The business has a ready-made staff with low turnover. The store location has great visibility with plenty of space to support additional sales. The seller owns the property, which gives the business a marketable lease agreement.
The equipment is in working condition and the store has established and long term relationships with premier food suppliers helping the store achieve improved year-over-year gross profit margins.
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Property Features and Assets:
Monthly Rent: $5,000.00 Square Units (Foot, Meter): 6,000 Terms Options: Owner owns the building and will negotiate the lease agreement with the prospective buyer. Facilities:Owner owns the real estate commercial strip center that the business is located in. It is a 2 unit retail commercial strip center, which seller occupies the majority of the property. The total square footage of the property is 13,000 square feet.
Market Competition and Expansion:
Expansion: Hire another butcher and focus on increasing more sales for smoked meats. Need a local person to generate more sales for charity and corporate events. Potential for additional sales by adding e-commerce platform while adding more digital marketing support.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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