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Convenience Store - Deli Meats, Catering Services & Other Products

Mid West

Convenience Store - Deli Meats, Catering Services & Other Products
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1,900,000

EBITDA: $203,000


Inventory: N/A

Established: N/A

Convenience Store - Deli Meats, Catering Services & Other Products

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Business Description

The Company generates revenue through a convenience store, tent rental services, commercial catering, and a deli and meat service. This type of niche market provides a largely diverse set of consumers, and due to this, no single customer ever accounts for more than 1% of revenue.

The Company’s revenue mix comprises Deli and Meat (14%), Beer and Wine (13%), Groceries (12%), Catering (7%), Rentals (5%), and other convenience store products (49%). The Company's 7,800 square foot location, opened several decades ago; it is supported by 10 full-time, 8 part-time, and 12 seasonal employees.

By targeting multiple streams of revenue through the sale of various products and services, the company has created a unique operation.

Detailed Information

* Diversified Revenue Streams: The Company has diversified product and customer mixes. Revenue is generated through a number of products and services. Additionally, no single customer accounts for more than 1% of revenue. The diversified product and customer mixes help ensure that the Company will not be significantly impacted by the loss of any individual account. * Strong Balance Sheet: The Company has a strong equity position as of 9/30/2016 with unadjusted shareholder equity totaling $411,000 in relation to total assets totaling $493,000 resulting in a shareholder equity ratio of 83.3%. The Company’s strong cash flow position also allows it to operate with minimal debt.
Growth & Expansion:
The caterers industry will serve up a new round of growth over the next five years. Corporate demand for catered events is forecast to strengthen as the business climate improves and employers begin hiring again.
Support & Training:
As needed
Reason for Selling:
Diversify net worth
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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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