Business for Sale

Business Location , SUFFOLK, NEW YORK, USA
Business Category Grocery & Food Stores, Retail
Offer Issue Date Offer End Date
No of Employees Established Year
Business Description

Butcher Shop with Catering

Business Summary
Asking Price Cash Flow

Once-in-a-lifetime opportunity! Buy a thriving business for a fraction of its actual value. This business is valued at $350k plus inventory, yet the seller will accept only $175k plus inventory from the right person to ensure the buyer has the cash reserves required to successfully operate the business. If this sounds too good to be true, it isn’t. The business routinely does over $1 million in sales. Last year, however, the business did over $2 million in sales with fewer employees. A fixture in the community for 40 years, this business developed their excellent reputation for great food. They have a 5-star Yelp rating and the business is still doing great this year. So why sell it for such a low price? Simple, the owner has worked hard and is very financially secure. He owns the building and feels it’s time to just enjoy life and collect rent. He wants to make sure the new owner won’t be cash-strapped because of a large purchase price. It’s to the seller’s advantage to make sure the new owner succeeds. In addition to their huge offsite catering business and strong over-the-counter deli business, they are well-known for their sandwiches. Since they do their own butchering and sell meat products, they have an agricultural license which offers a lot of tax benefits. There’s $100,000 of equipment included in the sale. Since the seller will also be the landlord, he plans to be readily available for support, training and to make sure there is a smooth transition. The business is located in a strip center on a busy main road, and the store occupies 1200 sq ft of space. The owner will give you a 10-year lease with two 5-year options. The rent is only $2,800. The ideal buyer will have experience running this type of business, and knowledge of butchering would be a plus, but owner will stay part-time and train. This truly is a once-in-a-lifetime opportunity, and you are really looking at the right place at the right time!

Over 40 years in the community Huge catering and BBQ business No competition in area. Owner takes home over $150,000 after all expenses

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