Famous Meat Market - $4,400,000 annual sales – Great opportunity

Middlesex County, MA

Meat Market

Asking Price:$319,000

Cash Flow:$193,000

Gross Revenue:$4,400,000





*not included in asking price.

Famous Meat Market - $4,400,000 annual sales – Great opportunity

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Business Description

This well-known meat market has been in business for decades. Current sales are over $4,000,000 annually. The market is small enough that it is able to take advantage of spot meat prices and take advantage of short-notice buys in order to offer meat at prices substantially lower than supermarkets can. Since supermarkets have to plan their promotions weeks ahead of time, they can’t be as quick and nimble as an independent meat market that can update advertising in just a few days prior to publication.

All meat sold by the market is cut and prepared in house. The meat is purchased at very low prices and those savings are in turn offered to the customers of the store.

In addition, the store specializes in exotic meats that are not easily found in most supermarkets. They also sell produce and deli as well as other grocery items.

Current profit margins are approximately 25%, which makes this store a very profitable model that is essentially insulated from competition from major supermarkets due to the market’s ability to purchase spot deals and quickly advertise those specials to the public. Cash flow calculation based on 2016 projection.

We have so much more information about this business that we want to share with you including a full summary and revenue expense breakdown. But this is a very confidential listing. So in order to share the details with you we will need you to fill out the "Contact the Seller" area on this page and provide the requested information. You will be asked to sign a non-disclosure agreement.

Note: This is a new listing and we are still working on the materials to distribute to buyers, Please respond to this ad to sign the NDA and you will be the first to receive all the info as soon as it is ready.

Detailed Information

Not included in asking price
The business is located in a retail space in a VERY busy city area just outside of Boston. The 2000 square feet of selling space, also includes a double basement for storage and food prep as well as an upstairs office space.
The main reason why this business is able to generate such a huge sales volume is that it can take advantage of spot meat prices and advertise very low retail prices with just a few days’ notice. The prices at this meat market are significantly lower than their larger supermarket competitors. Large supermarkets are unable to take advantage of these low price wholesale meat deals because their advertising cycle is usually at least 4 weeks. The major supermarkets can’t predict the occurrence of very low price wholesale meat purchases and therefore they can’t advertise what would be the resulting low retail prices associated with those wholesale purchases.
Growth & Expansion:
The owner of this business has no social media and other modern electronic advertising skills and relies only on old-school newspaper advertising and a simple website. A new owner could certainly start a Facebook page and gather LIKES from the steady stream of customers and then regularly post weekly specials info. The business could also get email addresses from their customers and use a product, such as Constant Contact, to quickly and easily reach customers to deliver information about the latest meat specials and other content such as recipes and meat prep information. This is VERY busy store and it should be easy to obtain hundreds of Facebook LIKEs and email addresses in a short period of time.
Support & Training:
Seller will fully train the buyer.
Reason for Selling:
Seller is retiring.
Business Website:

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Peter Goodman, CBI

Business Listed By:
Peter Goodman, CBI

Goodman And Company Business Brokers

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Indicates membership in The New England Business Brokers Association (NEBBA).

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