Catylist ID: #30708933
Highly Profitable and Growing Speciality Market in S. NH with Real Es...
Undisclosed Address, Dover, NH 03820
Business Opportunity for Sale
|Catylist Listing ID:||30708933|
|Property Subtypes:||Food and Beverage|
|Building Size (RSF):||2,000 SF|
|Gross Revenue:||$2,223,000 (Annual)|
|Cash Flow:||$312,000 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
|Sale Terms:||Business offered at $650,000 includes all FF&E along with name, goodwill etc. Inventory is in addition. Real Estate offered at $500,000.|
Overview / Comments
Great opportunity to acquire a highly profitable and growing Specialty Market/Grocer in Southern New Hampshire along with the related Real Estate. The Business has been going strong for over 40 years. It has a large and loyal customer base that seeks the store out for both everyday purchases and special occasions. There is a constant flow of drive by traffic on a main route with little nearby competition.
The store features a butcher shop and deli specializing in award winning meats and cheeses, specialty sandwiches, salads and an array of microbrews and wines. It also has lottery, a coffee bar, and a selection of groceries and convenience items.
The location listed is not correct and will be disclosed along with the financials with a completed Confidentiality Agreement (see attachment or contact First Street Business Brokers).
Attachments & Media
|Industry Segment:||Grocery and Supermarkets|
|Reason for Selling:||Divestiture|
|Value of Inventory Included ($):||$25,000|
|Value of Furniture, Fixtures, and Equipment ($):||$70,000|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||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.|
|Employee/Labor Description:||Experienced Staff and management in place.|
|Mgmt/Training Support Description:||Seller is willing to assist in support and training.|
|Competition/Market Description:||There are no other similar type stores nearby this location.|
|Growth/Expansion Opportunities:||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.|
|Proximity:||1 mile||3 miles||5 miles|
Hank BeresinFirst Street Business Brokers, LLC (Bean Group, Realtor) NECPE Member
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