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Annye's Whole Foods
$1,600,000Cash Flow: $174,000Seller Financing
Annye's Whole Foods

Nantucket, MA

Annye’s Whole Foods is known as the friendliest store on Nantucket and for providing a convenient, complete whole foods market. Annye’s stocks organic poultry and meats, artisanal wine and cheese, fresh breads, organic beauty products, herbal supplements, daily lunch specials and soups with gluten-free, vegan, and vegetarian options. Annye’s has been in operation for 18 years. The business is operated by the owner and nine full and part-time employees They are paid on an hourly basis and receive no benefits. The owner works full time managing the business. All of the staff are adept at most tasks and have developed a smooth flowing work environment where everyone pitches in. There are four employees who can open and close the store and cover for the owner and are capable of managing day to day operations. The Inventory Manager shares the buying duties with the owner. The retail store and commercial kitchen contains about 1,500 square feet. The roomy basement area is utilized for dry and cold storage and is suitable for use as a commissary. It is ideal for use as preparation space for a catering function (or as a space to sub-let to an outside caterer). There is an attractive and informative website (http:annyes.com) and a Facebook page and other social media accounts. All of the furniture, fixtures and equipment are part of the sale. The business operates from a mixed-use condo complex of which 59% is owned by Annye’s owner The real estate is included as part of the sale. Included in the sale is all equipment, furnishings, fixtures, wine license, trade name, leasehold improvements, customer lists, vendor list, phone number(s), website and domain, Facebook page and other social media accounts, proprietary marketing, promotional and packaging materials, transitional orientation and training and other items required for operation of this Turn-Key business along with the store’s excellent reputation and good will and the real estate. The business and the real estate is offered at $1,900,000 plus the wholesale cost of inventory on hand at the time of transfer of ownership. The real estate without the business is price at $1,600,000


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