South Bay Gourmet Market w/Built-In Clients – Absentee
Business Description
This specialty gourmet retailer of a high end protein offers an extensive selection of fresh and frozen product sourced from trusted suppliers around the world. The market caters to both home cooks and professional chefs by providing premium-quality, hard to source, and exotic specialty items along with a variety of sauces and seasonings that complement its offerings. Known for its commitment to freshness, ethical sourcing, and exceptional customer service, the market has earned a strong reputation as a go-to destination for seafood lovers seeking quality and variety.
About the Business
- Years in Operation
- 5
- Facilities & Assets
- This 3,470 square foot market leases for an estimated $13k per month on a lease until June, 2026 with one 5-year option. All of the business’s furniture, fixtures, equipment and Type 20 Beer & Wine License will be included in the sale. An estimated $60k in retail inventory will be sold at cost at close in addition to purchase price.
- Market Outlook / Competition
- The gourmet retail industry faces competition from local specialty markets, large grocery chains, and online delivery services. Many rivals emphasize locally sourced or sustainably sourced products to attract environmentally conscious consumers. Markets, restaurants and wholesale distributors often compete with products from similar suppliers, which often drive costs up or limits product availability. In this instance, this market enjoys competitive advantage when it comes to sourcing the highest quality proteins at the most attractive prices.
- Opportunities for Growth
- This store boasted remarkable top-line revenues from its inception until its recent history, when the company underwent an impactful change that new management will want to immediately remedy. An extraordinary opportunity appears to exist for the addition of premium quality meat and poultry products that are on par with the market’s existing offering.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,470
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20hrs per week or as negotiated
Listing Info
- ID
- 2441753
- Listing Views
- 10
Listing ID: 2441753 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. See our full Terms of Use. Learn how to avoid scams.
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