Produce, Real Estate, $250K Profit ! Expandable.

NH

Produce, Real Estate, $250K Profit ! Expandable.

Asking Price:$1,200,000

Cash Flow:$252,000

Gross Revenue:$2,000,000

EBITDA:$177,000

FF&E:$75,000

Inventory:$5,000

Real Estate:$650,000

Established:2011

Produce, Real Estate, $250K Profit ! Expandable.

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Business Description

CenterPoint Business Advisors is offering for sale the ultimate farm stand business. The company buys its products in bulk in Boston and is able to offer bargain prices on fresh produce. The business is only open three days per week. It completely sells out of fresh inventory and fully restocks with fresh produce weekly. Customers come from a wide geography to take advantage of the fresh product and very competitive prices. The company sells complementary non-produce items to augment their main business.

The sale of this business includes the highly visible real estate located at the corner two major highways. The real estate has been renovated to create an inviting and functional “farmers market” type retail store. The entire retail area and stock room is refrigerated. There is additional outdoor covered retail area. The business also sells gasoline 24/7.

This business is ideal for the person who is passionate and knowledgeable about fresh produce and wants to share that passion while owning a business with a proven ability to be profitable.

The store has long history of strong financial performance with increasing revenues and profits. Beyond just the profitability, this is a fun and rewarding business with many repeat customers.

This is the perfect opportunity for a retail food business to expand into the growing fresh produce specialty retail sector with an established customer base and cash flow.

This business will offer a new owner the opportunity to operate a business that:

• Supports positive social and health concerns
• Provides pride of ownership knowing you are contributing to healthy lifestyles by making healthy foods more affordable and more available
• Is fun and interactive with a customer base that is supportive of the business and its owner
• Is part of a growing industry with very favorable industry forecasts
• Is located in a beautiful area to live, surrounded by extensive outdoor activity options
• Has proven financial performance indicating future profitability

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
1 F/T, 6 P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
• 4100 sf two-story building with 3700 sf retail space • Fully refrigerated produce retail area • Covered, outdoor produce display area • Highly visible location at corner of two major highways • Real estate is included in sale • LED sign and other signage • Includes upstairs apartment • Newly renovated space
Competition:
There are no other produce retailers in the immediate area. Every grocery store will have a produce section but are not solely focused on produce. Some surrounding towns host a farmer’s market once per week, but these events are not able to offer the wide selection and competitive prices offered at this store.
Growth & Expansion:
There area several opportunities for growth. Extend product lines to include fresh fish as there are many customer requests for this. Expand the operating schedule beyond the current schedule. Bring this profitable business model to other areas. There are NO other known similar businesses.
Support & Training:
The Seller will provide training and transitional services immediately following the transfer. Length of service will depend on needs of the buyer and the terms of the offer.
Reason for Selling:
Great story. Can't be condensed to the 80 characters allowed here.

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Michael F. Coyle, CBI, CExP

Business Listed By:
Michael F. Coyle, CBI, CExP

CenterPoint Business Advisors, Inc.

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