Business Summary

Asking Price: $200,000
Gross Income: $1,556,000
Cash Flow: $200,000
EBITDA: N/A
FF&E: $500,000
Inventory: $20,000
Real Estate: N/A
Established: 2011
Employees: N/A

Business Description
Tremendous opportunity to take over a beautiful, 2 year old, 3800 sf Butcher/ Deli/ Catering store located on a major roadway in a very affluent area. Consistently growing with over 1.5 million dollars in sales. Current space has over $400,000 in equipment and $500,000 in leasehold improvements. Over 100K in catering sales which means high profits. Big walk-in boxes upstairs and downstairs, large working areas. Plenty of parking. Opportunity of a lifetime for someone who knows this business and becomes owner/ operator. Currently run absentee with 2 full-time managers with high salaries and payroll reaching $400,000. Business needs a FULL TIME OPERATOR to expand upon the profitability and presence in the area. Orders on Christmas Eve Sales over $14,000 in one day! Average monthly sales over $138,000. THIS IS TOO GOOD TO PASS ON. ABSENTEE OWNER/ INVESTOR IS SACRIFICING THIS STORE AT A LOW SALE PRICE FOR FAST SALE. Has other business obligations.
Currently owned by a doctor. Thought it would be good investment - but payroll and paying managers too high - almost 400k. Needs owner operator to oversee sales and someone who "knows" the business. Huge potential. High gross sales. Currently a Franchise, but received no franchise support and separated himself from them a year ago. New owner can keep name and/ or privatize. NEW lease available to new owner.

Detailed Information
Inventory: Included in asking price

Furniture, Fixtures & Equipment (FF&E): Included in asking price

Facilities: PRIME LOCATION! HIGHLY REDUCED PRICE! Shopping Center 3600 sq.ft. Mon-Sun 10am-6pm Currently franchise - but new owner can make private

Financing: some owner financing available

Support & Training: 2 Weeks

Reason for Selling: Current owner/ investor is Doctor has busy practice.

Property Details