Listing Number: 17441-355465
Description
Started in 2002 in an affluent Northern Suburb of the Twin Cities this Meat Market is the go to location for the best quality products in the business! They provide not only meats to their customers but also everything they may need to do their own sausage production, wild game processing, fresh vegetables, prepared meals and their own inhouse bakery for buns and bread. They also carry everything you might need for your grilling needs such as 49 different BBQ sauces and 10 different types of charcoal and pellets.
The owner is active in the business but does take 2-3 month vacations and frequent time off. Because of this the store maybe a little over staffed. Future owners may wish to keep operating the business the same way or to take a more active part in the year around management of the store to decrease labor costs and profitability.
Deal Outline
In addition to the asking price of $450,000 the buyer would also need to purchase approximately $60,000 in inventory. To help the buyer secure financing the owner will be willing, for the right buyer, to extent a 10% note with rate and terms to be discussed.
Listing Details
- Price: $ 450,000
- Down Payment: $409,500
- Sellers Discretionary Earnings: $ 121,862
- Total Sales: $ 1,620,535
- Location: Hennepin County, Minnesota
- Inventory: $ 60,000
- FF&E: $ 87,986
- Employees: 16
- Year Established: 2002
- Reason for Selling: Retirement
- Category: Food Business Retail
