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37637 Excellent Opportunity On Long Standing Butcher For Sale

York County, Maine, US
Asking Price:
$499,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,030,000 (USD)
Cash Flow:
$140,912 (USD)

Dating back to its inception in 1947, family-owned food market in York County, Maine offers great deals, boasting several five-star reviews since 2001. They sell fresh seafood, including locally caught lobsters, fresh clams, king crab legs, as well as other products including baby back ribs, chicken pot pies and marinated meats imported directly from Portland, Boston and the Midwest. In addition, they have a full-line of wine, craft beer and offer hunted game butcher services. Situated on a major thoroughfare with a high visibility, the 5,500 square feet of store headquarters features 750-sq.ft. of office space, natural fuel-efficient gas furnace, self-pumping tank, and is within a two-block radius of several big chain restaurants. Property is in excellent condition, having gone through a recent $25,000 LED re-lighting and roof renovations, is zoned for commercial use, capable of handling additional capacity and is available for a separate purchase. Thanks to its reputation as ‘best butcher’ for twenty years, their large returning client base extends to 25 miles and makes for an effective referral system, as advertising efforts center in maintaining an online platform with numerous subscribers. Operated by a skilled personnel of seven nonunion employees, owner is willing to remain for a smooth transition up to a year under current managerial role and on call thereafter to maximize worker and customer retention. Renewed town interest with glowing reviews has brought hundreds of new locals back to the business, as revenues for 2020 are surpassing Pro Forma calculations for 2019 of $2,030,000, and net profits are doubled to $200,000 as of June 1st! Based on an independent evaluation!

Property Information

Real Estate:

Lease

Location:

Property is available for an additional $495,000 separate from the Asking Price.

Size in square feet:
5,500

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday to Friday: 8AM - 7PM; Saturday & Sunday: 8AM - 6PM

Employees:
7 nonunion.
Years established:
1947

Other Information

Support & training:

Up to one year.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing is negotiable for the right buyer.

Furniture / Fixtures value:
$136,631 (USD) - included in the asking price
Inventory / Stock value:
$71,074 (USD) - included in the asking price

Contact Information

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