Listing ID: 71717

Business Overview

BUSINESS HIGHLIGHTS:

• Established specialty food market serving the Polish, Ukrainian, and Eastern European communities for approximately 40 years

• Verified annual POS revenue of approximately $1.56 million with over 46,000 annual customer transactions

• Long-term lease in place through approximately 2041 with below-market occupancy costs

• Strong mix of grocery, deli, bakery, prepared foods, fresh meats, and imported specialty products

• Approximately 20 dedicated parking spaces providing easy customer access

• Loyal repeat customer base with limited direct competition in the immediate market

• Commercial smoker included with potential to expand prepared food and specialty meat offerings

• Strong holiday and seasonal sales driven by established community relationships and specialty product demand

TOTAL ANNUAL GROSS REVENUE:
$1,556,794

TOTAL ANNUAL NET INCOME (SELLER STATED):
$550,000

ANNUAL EXPENSES:

Rent:
$63,000

Insurance:
$16,800

Electric:
$16,800

Phone / Internet:
$4,200

Credit Card Processing Software:
$600

Payroll (Estimated):
$364,000

Other Expenses Annual Total:
$40,000

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $1,100,000
  • Cash Flow: $550,000
  • Gross Revenue: $1,560,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.