50-Year-Old Louisiana Meat Retailer/Wholesaler w/Real Estate in SW LA

LA

50-Year-Old Louisiana Meat Retailer/Wholesaler w/Real Estate in SW LA
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Asking Price: $1,550,000

Cash Flow: N/A

Gross Revenue: $3,745,746

EBITDA: N/A

FF&E: $50,000

Inventory: $40,000

Real Estate: N/A

Established: 1969

50-Year-Old Louisiana Meat Retailer/Wholesaler w/Real Estate in SW LA

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Business Description

Sunbelt Business Brokers of New Orleans presents this traditional and specialty items Poultry, Beef, Pork and Seafood Retailer/Wholesaler. This very well-established second-generation family run business was founded in 1969. It remains a well-recognized brand and fixture in South West Louisiana. 65% of annual revenue is derived from its store front retail sales to the general public. 35% of annual revenue is derived from sales to restaurants, casinos, other grocery outlets and catering clients.
The company utilizes 2 business owned refrigerated vehicles to facilitate deliveries within a 50-mile radius of its location. The company operates out of a business owned 14,000 SF property that provides ample parking and room for significant expansion. The real estate is valued at approximately $500,000.
The business owner would like to retire and would be happy to assist the new business owner through a transition. The business asking price is $1,050,000. The business with asking price, real estate included is $1,550,000. Please contact Robert Stiplosek at 504.273.3226 regarding the business. Please contact Cheryl Fuzette at 985.630.0147 for details regarding the real estate. Agent Cheryl Fuzette is sponsored through Sunbelt Business Brokers of New Orleans, sponsoring broker Brandon Bourgeois, 225-201-0202.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,000
Employees:
8FT 2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Available
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Cheryl C. Fuzette, CMSBB

Business Listed By:
Cheryl C. Fuzette, CMSBB

Sunbelt Business Brokers of New Orleans

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Sponsoring Broker:
Joel Duran, CMSBB

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