Gourmet Food Market-Very Profitable, Great Location

NW Florida

COMPANY OVERVIEW

Outstanding opportunity to own a Gourmet International Food Market “that checks all the boxes”. The business offers…..

– Turnkey in prime location
– Food, wine & beer from around the world
– Longevity, started over 35 years ago
– Excellent cash flow with owner benefits 250K+
– Pre-approved SBA loan for qualified buyer
– Sale includes inventory $112,000
– Transition training at no charge
– Multiple profit centers
– Facility has fully equipped kitchen
– Loyal, stable client base
– Catering & deli
– And more!!!!!

GENERAL INFORMATION

Year Established:
1984
Facilities:

The facility consists of approx. 3,500 sq. ft. It has a prime location with excellent visibility. A long term lease is available. The rent is below market rate for its location.

MARKET OUTLOOK

Competition:

Very minimal competition. None close-proximity to this business.

Growth Expansion:

The owners are retiring and have made limited attempt to expand business in the past several years.

ABOUT THE SALE

Financing:

Business has been pre-approved SBA loan for a qualified buyer. The seller would hold small note, if required.

Training:

The seller will provide sufficient training to ensure a seamless transition.

Reason for Selling:

The owners are well past retirement age and wish to travel and spend time with family.

FINANCIAL SUMMARY

Asking Prince:
$479,000
Revenue:
$1,025,000
Cash Flow:
$257,050
Real Estate:
Lease
FF and E:
$75,425 (incl. in the sale)
Inventory:
$112,000 (incl. in sale)