KKBA has been engaged as the exclusive brokers for this great Wine, Cheese and Gourmet Sandwich Shop located in downtown Frederick. Frederick is known for its plentiful and diverse cuisine. The founders of this beautiful artisanal cheese shop saw a need in Frederick for fine cheese and charcuterie. Their cheese counter offers a rotating stock of over 200 different artisanal and small-batch cheeses from across the U.S. and Europe. Their certified "cheese-mongers" help you find the perfect cheese and wine pairings, and pantry items for every occasion.
Their vision was to bring the finest cheeses, both imported and domestic, charcuterie, and the perfect accompaniments to Frederick. “Not only do they sell cheese, but they also educate people about cheese and the entire culture that surrounds artisanal cheese.”
To receive more information about this great opportunity please click on contact the broker so that we can get a non-disclosure agreement to you so that you can move forward with your due diligence.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,706.00 Per Month
Great,historic location surrounded by other area businesses that drive high foot traffic to the area. Full conference room facilities available for use to host cheese education classes included in the current lease!
Growth & Expansion:
Business could be expanded and increased with added services and maybe a Market Street location in the future. Business was recently granted a special exception deli liquor license allowing it to serve wine by the glass on-site which should tremendously increase wine sales and profitability under new ownership.
Owner will train new owner and agree to stay on longer-term if buyer wishes.
Ad Detail Views:
Asking Price: $175,000 Gross Revenue: $292,204Cash Flow: $70,250 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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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
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