This opportunity represents a long-established, locally operated gourmet and specialty grocery business with nearly eight decades of operating history. The company operates two well-located neighborhood stores in Albuquerque totaling approximately 13,000 square feet. The larger location generates roughly double the sales volume of the second store, and both benefit from stable lease terms with an average of five years of remaining control including options.
The business is best known for its market-leading specialty meat program, which accounts for approximately 80% of total sales. Meats are sourced directly from farms, dry-aged, and cut fresh daily in-store. The operation produces more than 60 varieties of house-made sausages, cold cuts, and bacon, and offers one of the region’s largest selections of fresh, smoked, roasted, gourmet, and exotic meats. Product offerings include premium beef, pork, lamb, poultry, seafood, buffalo, and a wide range of specialty and hard-to-find proteins.
In addition to meats, the stores offer a curated assortment of gourmet, organic, and specialty grocery products, including fresh produce, dairy, cheeses, baked goods, frozen foods, specialty diet items, gourmet coffee, private-label pantry items, cookware, and gift baskets. The company works with over 200 local and specialty suppliers, creating a product mix that is not easily replicated by conventional supermarkets.
The business employs approximately 30 staff members and is led by an experienced general manager overseeing both locations, supported by an office manager handling administrative and financial functions. Average weekly customer traffic is approximately 2,170, with an average transaction size of $46.10, reflecting a loyal customer base and strong repeat business.
The stores operate in established residential trade areas with strong demographics, including an average five-mile population of approximately 243,000, median household income near $57,000, and more than a quarter of households earning over $100,000 annually.
Significant growth opportunities remain available to a new owner. These include adding beer and wine sales, expanding online ordering with delivery and curbside pickup, extending store hours, launching prepared foods or café concepts, expanding wholesale and restaurant sales, developing a branded food service concept, and opening additional locations in Albuquerque or nearby markets such as Santa Fe.
This opportunity is well-suited for an owner-operator, strategic buyer, or investment group seeking a stable, cash-flowing specialty food retail business with strong brand equity, differentiated product offerings, and multiple expansion pathways.
Ad#:2458480
