Specialty Food Retail & Production, tremendous growth & exit potential

Jefferson County, LA

Seller Financing Available

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Asking Price:$2,500,000
Established Year:1995
Gross Revenue:$770,000
BUSINESS DESCRIPTION

Sell New Orleans and Specialty food products. This brick and mortar, iconic, 30 year old New Orleans corner store is expanding and opening new locations.
We have a line of products going into grocery stores as well as opening a 2nd location. Strong brand, great products, unique selling environment, and a New Orleans culture combine to create a one of a kind business opportunity.

The real estate, an 8,000sf building, can be included.

We are also seeking investors as well. If you are interested in a true growth company that will have an attractive exit, this may be of interest. We are poised to add multiple units which will dramatically increase the valuation.

This offering and our plans and strategy are confidential. Will need to sign a confidentiality agreement proir to any disclosure.

This is not an investment for restaurant investors. Our production and retail operations have different requirements and objectives than restaurants. Chain store and CPG investors are more in line with our mission.


DETAILED INFORMATION
Location
Jefferson County, LA
Inventory
Included in asking price
Building SF
8,000
Employees
10
Facilities
retail space, production space, walk-in cooler, walk in freezer, production kitchen to be built out.
Competition
-Little to none exact competition in the specialty food retail space. Secondary competitors are grocery and internet. -Specialty food is becoming mainstream vs luxury items -Target markets are limited in specialty food items -People crave authenticity and experience
Growth & Expansion
Pros of Growth and Expansion: -Adding multiple units increases valuation. -Economies of scale kick in on 2nd and 3rd locations -Inventory and marketing multiplies exponetially with each new location -New markets increase sales of 3rd party retail products -New product development will follow store growth Cons of Growth and Expansion: -Management has to be high caliber and experienced with logistics -Employee training has to be centralized for consitency across uints -Maintianing and duplicating culture
Financing
open to offers
Reason for Selling
Would prefer to grow with investment
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Mark Subervielle
Mark Subervielle