Profitable Specialty Food Market with Real Estate in the Portsmouth, NH Area

Description

Great opportunity to acquire a highly profitable Specialty Food Market in the Portsmouth New Hampshire area along with the related Real Estate. The Business has been going strong for years with very limited owner involvement and experienced management in place.  It has a large and loyal customer base that seeks the store out for everyday purchases and specialty items. The store features a café and takeout menu with a large selection of speciality foods and convenience items.  There is a constant flow of drive by traffic with little nearby competition.

The real estate is not included in the business price and consists of several commercial units, all fully occupied providing additional income.

Detailed Information:

Business Price: $375,000

2021 Revenues: $980,000

Inventory: $115,000

Furniture, Fixtures, & Equipment (FF&E): $35,000 (Est)

2021 Seller Discretionary Income: $130,000

Real Estate: $525,000

Facilities: The Business resides in approximately 2200 SF +/- of a multi-unit commercial building that is fully occupied and providing additional income to the Sellers.  It’s a highly visible location with strong traffic flow of residents and commuters.  There is ample onsite parking for employees and patrons. The Real Estate is priced at an additional $525,000.

Competition: There are few similar type stores in the area.

Growth & Expansion: The Business has strong repeat business.  Many opportunities for growth exist and are outlined in the confidential package.

Support & Training: Seller is willing to assist in support and training.

Reason for Selling: Retirement, Divestiture

The location listed on the map below is not correct.  To Receive the Confidential Package on this business and related real estate, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241.

Real Estate offered through our Broker, Bean Group, 1-800-450-7784.


Location