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Independent Organic & Specialty Prepared Foods Market

Essex County, Massachusetts

Asking Price: Gross: Cash Flow:
$995,000 $2,500,047 $351,348

Furniture and Fixtures Value:
$363,397 (included in the asking price)

Inventory Value:
$95,000 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
In a world where big box stores reign supreme, this charming business is a locally-loved and established natural & specialty foods market. Whether it is grabbing lunch from the large selection of healthy and delicious grab and go options, running in for a homemade muffin or scone or grabbing hard to find specialty grocery items, they provide their customers with a comprehensive selection of fresh-daily prepared foods & baked goods (prepared on site), organic produce, groceries, supplements and body care products.This business caters to customers who desire high-quality, fresh food products, friendly assistance, organic and locally-grown produce, allergen-free food options, and an opportunity to shop in a locally-created market dedicated to the community.

 
   
   
Facilities / Terms of Lease: The business consists of three floors. The main floor is 1850 square feet of retail and kitchen. The second floor has a commercial grade bakery, ample storage (including a smartly designed walk-in refrigerator) and office space. The basement has more space for inventory. A new business owner is inheriting a well-maintained physical plant that will allow someone to start up from day one. This will be a seamless transition.  
   
Owner willing to finance: A qualified buyer should be able to obtain an SBA 7A loan with 10-20% down payment  
   
Owner willing to train: The seller will provide training and support to ensure a smooth transition  
   
Reason for selling: Retirement  
 

 

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