Business For Sale

HoneyBaked Ham Marketplace & Cafe

Not Disclosed, VA


Asking Price: Annual Revenue:
$138,500 $417,029

Food & Beverage: Coffee, Cafe, Dessert


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RE: HoneyBaked Ham Marketplace & Cafe Broker: Richard Halterman
Owner Financing is Available!
Lender pre-screened with $37,000 down.

Quick Facts

Asking Price: $138,500
Annual Revenue: $417,029
Net Profit: Not Disclosed
Cash Flow: $68,640
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 6
BBN Listing #: 83554955
Broker Reference #: 2003-13833

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Business Overview:


Unique opportunity to be part of a large well-known successful national franchise system in a major growth area of Virginia. HoneyBaked Ham is a retail marketplace/café selling ready-to-serve hams, turkeys, specialty meats, side dishes & desserts. Also operates as a café with ample seating for customers and offers gifting and catering opportunities.

Easy to run with family friendly hours of operation. Established manager and staff who can run daily operations. Recently renovated. All franchisees have corporate assistance and a business consultant to help with the success of the business, including assistance with advertising and promotional materials.

Only HoneyBaked Ham in this area. People travel from miles away during the holiday season to pick up their Holiday meal, which is a family tradition. Also offers shipping throughout the U.S., Rockingham County is a major growth area in a college town and vacation setting located in the scenic Shenandoah Valley. Numerous Northern Virginia and D.C. individuals are relocating to Rockingham County.

Owner ready to retire and business would benefit from a younger, ambitious owner to grow the business.

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Property Features and Assets:

The location is a Commercial Strip Center in popular college town located in the Shenandoah Valley. Two Doors in front of space and one in the rear. The Real Estate is owned by a non-related, third party. New Ownership would need to negotiate new lease terms. Current lease is for 2,624 sq. ft. Current lease runs thru October 31, 2020 with 3-year right to renew. Lease includes provision that if current tenant decides to close or sell its business, then tenant has the right to terminate the lease by providing sixty days written notice. Any assignment requires Landlord consent and lease will stand solely on the Buyers creditworthiness, relieving present owner from any liability. Assets: $104,000

Market Competition and Expansion:

While this engagement would officially be considered a restaurant, the retail-like characteristics make it a little different than the traditional restaurant day-to-day grind. As such, there is really nothing comparable to it in the town in which it operates. It also provides delivery service. As mentioned above, the hours are somewhat limited based on the lifestyle the owners have chosen personally. New ownership will see many more creative ways to expand sales.

Reason for Selling:

Age and retirement.

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 a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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