Independent Organic Grocer
Location
Business Broker
Situation
The owner and founder of a beloved organic market that specializes in prepared foods, was looking towards retirement and approached BayState Business Brokers. The company, located north of Boston, is an institution in the community and well-known for its organic offerings and grab-and-go meals.
BayState Business Brokers’ Approach
After strategically developing a plan to bring the business to market, Bil Zarch received several interested buyers. One buyer emerged after hearing from their operating team about the opportunity. While the buyer is in Florida, they own other similar companies, and their operating team is locally based. What most aligned for the buyer was the grocer being a well-established, woman-owned and operated business. Bil felt the pairing between seller and buyer would be successful.
Results
After an extended closing, both buyer and seller are thrilled that the company’s legacy as a jewel in the community will continue. For the seller, the priority of keeping staff and new ownership aligned with the team was met. The buyer is excited to think of the future and how the business can expand to weekend hours, more catering options and wider distribution of the grab-and-go offerings.
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