Chicago Based Meat Market w/ Assorted Dry Goods

Illinois

Seller Financing Available

Chicago Based Meat Market w/ Assorted Dry Goods
Asking Price:$3,200,000
Gross Revenue:$6,418,836
EBITDA:$1,045,065
Real Estate:$3,950,000
Cash Flow:$1,114,557
Inventory:$500,000
FF&E:$1,100,000
Established Year:1955
BUSINESS DESCRIPTION

This thriving business presents an exceptional opportunity for a discerning buyer looking to enter or expand within the high-end market segment. Specializing in premium cuts of meats, seafood, and gourmet ready-to-eat meals, this company has carved out a strong niche and a loyal customer base. With a solid reputation in both the industry and the local community, the business has established itself as a trusted source for quality products and services.

Key highlights of the business include:

Premium Product Offering: The business exclusively sources high-quality meats and seafood, ensuring that customers receive only the best. This unwavering commitment to quality not only attracts discerning customers but also encourages repeat business.

Community Ties: With a history intertwined in the local community, this business benefits from a loyal customer base and strong brand recognition, which are critical components for sustained growth and profitability.

Expansion Potential: Positioned for significant growth, there is a tremendous opportunity to expand operations to meet the growing demand for high-end butcher and market products across the country. With the right ownership and strategic planning, this business is well-equipped to scale effectively.

Customer Service Excellence: The company’s dedication to maintaining product consistency and delivering exceptional customer service has cultivated a strong repeat clientele, a valuable asset for future growth.

Operational Flexibility: The furniture, fixtures, and equipment (FF&E) are offered separately from the asking price, providing potential buyers with the option to negotiate terms that cater to their operational needs.

In summary, this business not only stands out for its exceptional product range and customer service but also presents a lucrative opportunity for growth in the high-end market sector. With strategic ownership and potential expansion plans, a new owner could leverage the existing foundation to achieve even greater success.


DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
12,500
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This city gem is situated in a prime location within a bustling business district, offering recently renovated facilities, equipped with modern amenities. Its central positioning attracts a steady stream of foot traffic, making it a hotspot for businesses, regulars, and visitors alike.
Competition
The business enjoys a loyal customer base, with a steady influx of new customers on a weekly basis. They supply several local restaurants and maintain a diverse portfolio of commercial accounts of varying sizes. The relationship between the staff and customers is characterized by a high level of trust, and the business faces minimal competition.
Growth & Expansion
The business has the opportunity to extend its product shipment reach nationwide and venture into providing ready-to-eat, ship-to-home meals.
Financing
Owner will carry no more than 10%. The buyer must purchase the building and business
Support & Training
The company offers a comprehensive training program led by experienced staff and management. The existing owner will personally train the new owner, adjusting the duration based on the candidate's prior experience and individual learning pace.
Reason for Selling
The owner is looking to retire.
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Travis Jones
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Travis Jones