Specialty Market-NH Lakes-Mountains Area
Undisclosed Address, New Hampshire
|Catylist Listing ID:
Food and Beverage
|Building Size (RSF):
|Year Business Established:
|Cash Flow Type:
||Sellers Discretionary Earnings
||Cash to seller. Sellers are willing to provide limited terms to a qualified buyer based on the strength of the deal.
Overview / Comments
This business opened in August, 2016 by the current owners. The business was founded in response to the owners’ inability to get to the local farmers’ market during their limited hours. They invited local farms and artisans to supply them with their wares to be offered to the public seven days per week and are now supporting over 25 of those local farms and artisans. The business operates as a Subchapter S Corporation. The real estate is also owned by the sellers under a separate entity and is included in the sale.
The market has grown into a very popular take-out service as well. Daily they offer two hot soups (meat and vegetarian); prepare at least one entrée option (meat and vegetarian); prepare and offer a dozen side dishes; feature an impressive assortment of baked goods (most gluten free); offer a sandwich and smoothie menu, as well as provide a wide assortment of grocery items. They also gladly cater any size event.
Offered for sale is the business entity, including all tangible and intangible assets as well as the real estate. The multi-use building, which also includes two income producing apartments, is in very good condition and fully functional as a market with ample parking. Loyalty of local families and businesses helps yield strong year-round numbers.
||Grocery and Supermarkets
|Value of Inventory Included ($):
|Value of Furniture, Fixtures, and Equipment ($):
|Real Estate Status:
|Value of Real Estate Included ($):
||There are three full-time andsix part-time employees
|Mgmt/Training Support Description:
||Seller is willing to stay on and train for two weeks after closing at no charge and may be willing to stay on as a paid consultant if needed.
||There is limited competition in the area as this is a specialty foods market, offering different products from convenience stores in the region.
||The sellers have considered adding beer and wine products from the myriad breweries and wineries in the area. They have also discussed adding pizza as a menu item and opening earlier to include breakfast. These would be perfect additions that a buyer could implement to positively impact the bottom line immediately.
|Seller Financing Description:
||Sellers are willing to provide limited terms to a qualified buyer based on the strength of the deal.
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