Established, Gourmet Grocery Store and Catering
Silver Bow County, Montana
| Asking Price: |
Gross: |
Cash Flow: |
| $1,125,000 |
$1,402,638 |
$80,128 |
Furniture and Fixtures Value:
$175,000 (included in the asking price)
Inventory Value:
$525,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This thriving Gourmet Grocer and Catering Restaurant has proven to be a successful operation over the past three decades. Its diversified marketing formula includes select shelf products such as gourmet wines, cheeses, preserves, pasta, and sauces in conjunction with a popular lunch restaurant and numerous catering events. Gift baskets are custom prepared for seasonal holidays and events as well. A private-label sauce selection brings the company some wholesale business. A wine club builds repeat business among its existing customers.
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| Year
Business was Established: 1990 |
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| Number of Employees:
9 FT/2 PT |
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| Facilities / Terms of Lease:
The business operates from an approximately 4,500 sq. ft. retail building on a 6,000 sq. ft. site with paved parking on a busy, commercial street not far from a major supermarket outlet. The building includes restaurant furniture and fixtures, built-in coolers and freezers, and lower-level warehouse space with a loading dock on the alley |
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| Potential
Growth/Expansion:
Organic growth and robust business throughout the Pandemic have proven the value of the present business concept. A new owner may want to experiment with expanding the wholesale business or expanding the restaurant side of the business. Targeted promotions aimed at the travel and tourist industry may bring in more daily visits. |
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| Competition:
The grocery business is very competitive and dependent upon the vibrancy of the local economy. The long-term success of this particular grocer underscores the proven elements of its business model. Many repeat customers make a point of visiting the store from the small towns within a 75-mile radius of the store to stock up on their favorites or try new offerings. There's also sizable tourist traffic and is down the street from a major grocery chain store. |
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| Owner
willing to train:
Will train for 8 weeks @ $6K. |
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| Reason for selling:
Owners wish to retire. |
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| REQUEST MORE INFO |
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