Gourmet Foods - Wholesale & Retail
Location: Northeastern Massachusetts - Southern New Hampshire

Primary Category: Specialty Gourmet Food - Wholesale and Retail
Your Reference ID: 16070222

Financial Information
Asking Price: $399,000
Gross Sales: $1,790,662
Cash Flow: $155,000
Furniture, Fixtures & Equipment: $240,400
Inventory: 52,400
Financing: Seller financing negotiable for qualified buyer.

Summary Description
_________________________________ __________________________________ Specialty gourmet foods and extras that insure additional profitability including Beer & Wine and Lottery. The company prepares its own gourmet meats such as marinaded beef, pork and chicken, and sausage. In addition to the retail customer base, there are several loyal wholesale customers.

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General Information
Facilities: The company leases 5,500 square feet in a prime location on a high-traffic main road. The space includes a first-floor shop and a separate office. The company has a state-of-the-art video security system to prevent losses. The building has ample free lighted parking. The lease has about three more years and can be renewed with the landlord.

Competition: There are a few other competitors in the region, but none nearby.

Growth and Expansion: Numerous opportunities exist to grow the company. Several new residential housing projects are being developed in the local area that will greatly increase the size of the target market.

Support/Training: Seller will stay for a reasonable time to provide a smooth transition.

Reason Selling: Preparing for retirement.

Year Established: 1953
Employees: 14

Contact Information
Contact: Lou Pereira
Phone: 603-890-6628
Email: info@herold-lambert.com


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When you're serious about selling your business and want to get the best possible price, call Lou Pereira at 603.890.6628 or contact us directly via e-mail.