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Meat Market 48 year History

Allen County, IN

Meat Market  48 year History
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Asking Price: $360,000

Cash Flow: $63,000

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: $110,000

Inventory: $60,000

Rent: $1,666.67 /Month

Established: 1971

Meat Market 48 year History

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Business Description

Successful 48 year old Meat Market

An independent operator of a highly successful custom meat market. Located in Northeast Indiana’s largest city in the fastest growing section of the county.
They serve custom cut selection of beef, pork and poultry, deli fresh selections along with fresh bakery goods. Fresh Produce and craft beer & wines is popular with this neighborhood style market. This niche market caters to local customer expecting attention to their custom cut & packaged meat selections not available from supermarkets. Large multi-family & mobile / doublewide housing communities are in close proximity to this business.

Detailed Information

Location:
Allen County, IN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,606
Lease Expiration:
12/31/2020
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6606 sf in a strip retail center, well situated in high traffic part of the city. Located on one of the city's busiest East / West corridor.
Competition:
Supermarkets and mega stores where little attention to special requests are not serviced. Recent new local commercial development creating traffic for this well know business.
Growth & Expansion:
Delivery service to the large senior population living nearby. Cross advertising to senior housing facilities in the area. Senior demographic appreciates higher quality, and special attention to their needs. The store also caters to convenience items like deli & bakery product ready to take home & eat.
Support & Training:
Owner would stay on for a period of transition training. Current owner is a skilled meat cutter. Long term employees are skilled to run the business when owner not present.
Reason for Selling:
Pursue other interests.
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(from currently available funds)
 
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Dennis Spitler

Business Listed By:
Dennis Spitler

Anthony Wayne Business Exchange

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