Growing Organic Food Market with Real Estate
| Asking Price: | $1,500,000 | Inventory: | $135,000 ++ |
| Gross Revenue: | $538,000 | Real Estate: | $1,200,000 ++ |
| Cash Flow: | $125,000 (comments below) | FF&E: | $40,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Discretionary Earnings | |||
With a lot of thought and money, this market was established 6 years ago and has grown to have over $500K in revenue. It has achieved 20% growth in 2009 year-to-date over 2008. The store is well-stocked and has a warm and comfortable atmosphere that welcomes customers. There is plenty of opportunity for future growth and profits with a dedicated owner. The current owner has split time between this endeavor and a professional practice and has been able to spend less than half time in this one. The real estate includes not only the market and grounds, but also a set of 7 professional offices for rent, all but one of which are currently rented.
About the Business
Year Established:2005
Employees:6 part time
Facilities:Beautifully landscaped and recently refurbished 6600 square foot building with the market in the front and offices in back. Inside has been very nicely finished. Plenty of parking and space on the side for garden or outdoor products.
Market Outlook and Competition:This is the only true organic and health food market within twenty miles. The sales are steadily growing and should continue to grow as the business gains awareness through word of mouth and advertising. Additional products could be brought in--owner has many ideas but little time to implement due to other business.
About the Sale
Management Training and Support:Two weeks, and more if necessary
Reason For Selling:Owner wants to spend more time on a professional practice
Seller Financing:Negotiable
KEYWORDS: Health Food, Organic, Market, Real Estate, Growing
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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