Business Summary
This Meat Market and Gourmet Food Store has been established for nearly 60 years. They do nearly a $1 million a year in revenue from their 1200 sq. ft. location which has been recently renovated. They have an EXCELLENT reputation within their marketplace and they are loved within their community. This business is being operated 100% absentee as they have a complete professional staff including 2 butchers and 1 manager. An owner operator would be able to replace the manager and increase his cash flow to $265,000. In addition to their retail business they have several wholesale accounts which can be greatly expanded upon. There is Tremendous Potential to expand the revenue by offering catering to their current customer base. Their rent expense represents LESS than 3% of gross sales and there is enormous upside potential to this business. Their sales are up year over year and you will not find another profitable business like this at this purchase price. Please refer to listing number 11745 when inquiring about this opportunity.
Contact Information:
Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email:
[email protected]
Property Details