Description
Great opportunity to acquire a highly profitable and growing Specialty Market/Grocer in Southern New Hampshire along with the related Real Estate. The Business has been going strong for over 40 years. It has a large and loyal customer base that seeks the store out for both everyday purchases and special occasions. There is a constant flow of drive by traffic on a main route with little nearby competition.
The store features a butcher shop and deli specializing in award winning meats and cheeses, specialty sandwiches, salads and an array of microbrews and wines. It also has lottery, a coffee bar, and a selection of groceries and convenience items.
Detailed Information:
Business Price: $650,000
2020 Revenues: $2,223,000
Inventory: $25,000 (Estimate and in addition to Business Price)
Furniture, Fixtures, & Equipment (FF&E): $70,000 (Est)
2020 Seller Discretionary Income: $312,211
Real Estate: $500,000
Facilities: The Business resides in a freestanding building on approximately .40 +/- acres. It’s a highly visible location with heavy traffic flow of residents and commuters and is nearby intersections and roadways. The building comprises about 2000 +/- Square Feet. There is ample onsite parking for employees and patrons. The Real Estate is priced at an additional $500,000.
Competition: There are no other similar type stores nearby this location.
Growth & Expansion: The Business has a strong customer repeat business. Many opportunities for growth such as: expanding hours and days of operation; increasing the selection of prepared foods and beer offering; expansion of catering; and increasing marketing spend.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.