Butchery & Seafood Market For Sale

Middlesex County, Massachusetts

Listing: 1237

Financial Information:
Asking: $199,000
Gross: $625,857
Cash Flow: $95,410
Inventory: $7,000 (not included in price)
Financing: Some seller financing may be available to a qualified buyer

Summary Description-Butchery Business for sale.
A profitable butchery, seafood and gourmet food market in Middlesex County is available for sale! This is a perfect business for a buyer with experience in the food industry, whether in retail, wholesale or catering. However, the business is fairly turn-key and can be learned, so someone without industry experience should also consider this fantastic opportunity. The business primarily sells fresh meat and seafood as well as fresh fruit and vegetables and gourmet sauces and spices. They butcher the meat on-site and have the ability to butcher the entire animal, which increases the margins substantially.

General Information
Facilities: The space totals 3,500 square feet in an attractive location with plenty of parking in front. There is a favorable lease in place and the landlord will negotiate a new lease with a buyer. The owners invested in a build-out and all new equipment when they started the business. All of the equipment is in excellent condition and the seller does not anticipate any capital expenditures are necessary for 2-3 years.
Competition: There is very little competition nearby and none with the quality and selection of meat and seafood that this business provides.
Growth and Expansion: A buyer could add wine and beer that pair well with the food items sold. Other products that could be added include gourmet cheese, deli meats, more gourmet packaged and prepared foods. Tools related to the products such as barbeque tools and spices or lobster crackers and bibs could be a nice addition as well. A buyer who has experience with catering could also run a small catering business out of the space. Increasing online marketing and direct mail or email marketing could also increase business.
Support/Training: The owner will offer the necessary support and training to a buyer.
Reason Selling: Death of principal partner.
Year Established: 2008
Employees: 5

Contact: Sarah Gudema
Phone: 617-562-5700

BayState Business Brokers, 60 Leo Birmingham Parkway Suite 1L Boston, MA 02135

T: 617-562-5700, F: 617-562-5701

info@mabusinessbrokers.com