Listing Number: 60270-203830
Description
An exceptional opportunity awaits for those seeking to take the reins of a revered local treasure. Presenting an iconic meat and deli shop with an illustrious 25-year history, widely acclaimed, and held in high regard within the community. The moment has come for new leadership to carry forward this esteemed establishment's legacy.
Key Features:
Rich Heritage and Devoted Patronage: Boasting a quarter-century of unwavering commitment, this meat and deli shop has woven itself into the fabric of the community, earning unwavering trust and a reputation for excellence. Over the years, a steadfast and loyal customer base has been nurtured, returning time and again for the finest cuts of meats, meticulously crafted deli offerings, and an array of gourmet delights.
Strong Revenue and Profits: Business currently boasts a strong P&L with a firm foundation and consistent history of solid financial performance.
High Upside: A savvy new owner can invest in more robust marketing, assortment, and catering offerings to appeal to more customers and grow the business further.
Prime Locale: Strategically situated within a bustling neighborhood, on a busy road and a part of a full strip mall, the shop benefits from prime foot traffic and visibility, contributing to its ongoing success.
Owner-Operator Model with Low Overhead: The current owner works in the business roughly 50 hours per week and employs one full-time and one part-time associate. Current favorable month-to-month lease terms would have to be discussed and negotiated with the landlord.
Seamless Transition: The current owner is offering up to four weeks of training and onboarding to the new owner, including personal introductions to his most valuable customers and suppliers. The owner is willing to stay on further for a negotiated and compensated length of time to help the new owner get off to a strong start.
Community Bond: A strong bond with the local community has been fostered by delivering the freshest, highest quality products and service, making the shop as an integral part of the neighborhood. Continue the tradition and be a part of the local community!
FF&E: All FF&E in good working condition, ready for the new owner to take over!
After an immensely rewarding journey, the current proprietor has elected to explore new horizons, presenting a momentous opportunity for a dedicated individual or team to carry forth the legacy of this beloved meat and deli shop.
This opportunity will not last! Contact me today!
Details:
Price: $225,000
2022 Sales: $425,000
2022 SDE: $80,000
FF&E Value: $100,000
Inventory: $10,000
Listing Details
- Price: $ 179,000
- Down Payment: $225,000
- Sellers Discretionary Earnings: $ 80,000
- Total Sales: $ 425,000
- Location: Butler County, Ohio
- Inventory: $ 10,000
- FF&E: $ 100,000
- Employees: 3
- Reason for Selling: Retirement
- Category: Food Business Retail
