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Custom Meat Purveyor

Albany Area, New York (Saratoga County)

Retail - Other Food Stores | Mfg. - Food and Kindred Products

Asking Price $1,400,000 Inventory $100,000** 
Gross Income $2,700,000 Real Estate  
Cash Flow $455,000 Year Established 1979
FF&E $350,000* Employees 12

* included in the asking price

** not included in the asking price

Great business for sale

The business is a full service butcher shop and meat market, providing a full line of deli meats, cheeses, salads, prepared foods, grocery and specialty items, frozen foods, subs and sandwiches, breads and produce. The company is particularly noted for the wide range of smoked meats (beef, pork, poultry and other meat varieties), hot dogs, kielbasa and other sausages that are prepared in-house. Over its 30 year history, the business has been geographically relocated to three successively larger facilities without any appreciable loss of previous clientele. The primary source for new customers is the company's reputation for providing high quality foods, at reasonable prices, which generates very effective word-of-mouth advertising. The only print media that the company uses is a display ad in a local newspaper to promote weekly and seasonal specials, new products and services. The company has no website and does no web advertising. Occassionally, a glowing newspaper article or human interest story about the company, will spark a wave of new activity.

Facilities: The company leases approximately 5,200 sq. ft. of space, divided to provide about 2/3 of the space for retail and the remainder used for food preparation, smokehouse, office space and storage. Equipment consists of a wide array of deli cases, coolers, freezers, walk-ins, meat cutters, saws, choppers and grinders, assorted display racks and shelving. A complete and detailed equipment list is available for review.

Competition: The only local competition is a small, independently owned grocery and deli about one mile away. There is no local competition for the smoked and prepared meat items produced in-house.

Growth/Expansion: The owner feels that the company should remain specialized and not attempt to compete with the major food chains. The smoked and prepared meats continue to be the most requested items in the store and should be expanded. Due to popular demand, a seafood section was briefly added to the store's product line. Although enormously popular, the current owner didn't feel that he had the product knowledge to properly maintain that department. Naturally, there have been endless requests for catering services and take-out dinners.

Financing: Seller may provide some limited financing for a qualified Buyer.

Support/Training: Seller will stay on site for a negotiated transition period and will be available on a consulting basis thereafter.

Reason Selling: After over 30 years in the business, the owner would like to retire.

Business listed by

Kevin J. Kryskowski

518-459-9070


Capital Business Advisors, Inc.


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