#1543 Leading Meat Market & Grocery in Northern WI

WI

Seller Financing Available
#1543 Leading Meat Market & Grocery in Northern WI
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Asking Price: $450,000

Cash Flow: $185,000

Gross Revenue: $2,100,000

EBITDA: N/A

FF&E: $50,000

Inventory: $150,000*

Real Estate: $125,000*

Established: 1984

*not included in asking price.

#1543 Leading Meat Market & Grocery in Northern WI

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Business Description

#1543 Leading Meat Market & Grocery in Northern WI

This retail business for sale is a specialty market offering a wide and diverse selection of award winning fresh meat and sausage products at the best pricing, for the quality received, over any other store in the area as proven by their very long-established customer base. For many, many years this family-owned and operated business, has built an outstanding meat and food market offering very high quality fresh meat cuts, sausage, home-made specialty items, soups, dips, while also carrying quality pizzas, a huge selection of local cheeses, and other grocery items. The business also includes wholesaling to other grocery stores, restaurants, bars, etc.
This very long-time profitable business boasts annual sales income of over $2 million with owner’s annual earnings SDE of about $185,000. This offering also includes for sale the real estate and store building with 2 apartment lease tenant spaces.
Contact the broker for lots more details on this great business opportunity.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
6,800
Employees:
8FT & 6PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located on a high-traffic, high visibility street with a large parking lot plus street parking. 4,081 sq ft of retail, processing, and storage space plus two leased apartments with 2,788 sq ft - one is a 3 bedroom and the other is 1.5 bedroom. Included in the sale is all the operating equipment needed to operate the business from day one.
Competition:
There are no other meat markets close-by (one is 60 miles away and one is 25 miles away) that specializes in offering fresh, quality meats in a locally reputable brand and very good personal service.
Growth & Expansion:
Plenty of growth potential by expanding the wholesale side of the business, expanding internet sales of shelf-stable meat snacks, and a number of others to be discussed with the broker.
Financing:
Only for a very qualified buyer with acceptable offer
Support & Training:
Seller is willing to agree to a reasonable, mutual training and transition support agreement. A long-experienced key, manager employee is willing to stay on with a new owner.
Reason for Selling:
Retirement
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Contact the Seller

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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