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Specialty Food Store

New Paltz, NY (Ulster County)

Seller Financing Available
Specialty Food Store
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Asking Price: $55,000

Cash Flow: $75,000

Gross Revenue: $270,000

EBITDA: $50,000

FF&E: $30,000

Inventory: $15,000*

Rent: $1,979.17 /Month

Established: 2001

*not included in asking price.

Specialty Food Store

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Business Description

Cheese is our specialty!

A great opportunity to own a well established, community loved business that specializes in local, regional and imported cheese, meats and specialty food items. Summer offer expands to Natural Ice Cream - exclusive to shop in Market Area!. Year round, turn key business that will be profitable on your first day! Awesome potential to take this business to its next level of greatness. Business is fully operating, true turnkey.

Detailed Information

Location:
New Paltz, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
950
Lease Expiration:
2/28/2026
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The shop interior has recently been renovated to accommodate increased sales. Renovation has created efficient work space area, storage area, office space and plenty of retail and indoor eating space. Also included is outdoor covered deck seating with an awesome view! Furnishings and equipment all have been maintained and are included in sale.
Competition:
Business is located in the center of a well established retail market place. It is a destination for shopping, dining and entertainment. We are the only business of this type among the 20 businesses that are also located in the market place and are also well established. The market place is supported year round by the local community, tourists and college students from the surrounding area.
Growth & Expansion:
Current business could be expanded by adding tasting events and classes. New owner can also further boost sales by expanding current product line, retail gift items and current menu options.
Financing:
Discuss with owner. will require downpayment.
Support & Training:
Current owner will be available for any questions or training during transition of ownership. Current owner is willing to support new owner after sale for a negotiated period of time.
Reason for Selling:
Relocating due to family commitments.
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Business Listed By:
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