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Updated 2022 Financials – Gourmet Market with Package License in Prime City Location

Updated 2022 Financials – Gourmet Market with Package License in Prime City Location
Listing
1760
Deal Pending
Boston Area, MA
Revenue
2022: $3,814,428
Cash Flow
2022: $518,743
Asking Price
$2,300,000
Asking price details
Includes city of Boston package license, FF&E and Inventory est. $150,000
Business Description

This turnkey operation is in a prime Boston residential and business district with a variety of the finest provisions, food, grocery, and convenience items from local sources and beyond. Fresh produce is delivered daily to the market.

This sale includes a valuable City of Boston Package License for retail owners. Their extensive spirits, wine and craft beer offerings are unrivaled, and can be conveniently delivered to the varied locations throughout the neighborhood.

Their deli counter is open daily, serving up the highest-quality, made-to-order breakfast, lunch and dinner selections. They also offer full-service catering and liquor delivery.
The asking price is based on the first three quarters of 2022 which already have an SDE of over $580,000.

Growth Expansion and Opportunities

A commitment to quality, consistency, and customer satisfaction drives success at this business. There is an exciting growth opportunity at a new satellite location grab and go kiosk/space located in an office tower within proximity of the store. The current owner is prepared to offer training and support to the new owner.

Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
Retirement
Terms
It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Broker

Bil Zarch

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  • Updated 2022 Financials – Gourmet Market with Package License in Prime City Location

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