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- RE: SBA Pre-Qual Philly Butcher Shop With Real Estate
- Contact: Richard Collins
Quick Facts
Asking Price: | $5,679,800 | |
Annual Revenue: | $4,419,633 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $842,715 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1927 | |
Employees: | Not Disclosed | |
BBN Listing #: | 949894 | |
Broker Reference #: | 45783-748503 |
Business Overview:
This turn-key Philly Butcher Shop is about one hundred Years old and has been passed down from generation to generation. The owner owns the real estate which he will sell with the business. Real Estate professionals involved with developers tell us additional floors could be added above the store with the potential of adding apartments or condominiums. This could offer a new owner added benefits from the purchase. Obviously, any development would need to be approved by the city. The real estate is included in the listing price.
The company is known for its excellent meat and poultry and the service the owner and staff provides ots customers. There are many areas of potential growth for a new owner, which is discussed in the Confidential Information Memorandum when a buyer gets to that stage
There will be a requremnt from potential buyer of proof of funds of $1,000,000 or a bank letter for $10,000,000 to gain access to information on this business.
The company has amazing resilience surviving the Great Depression, World War II, the Korean War, Vietnam War, Stagflation, high-interest rates of the 1980s, the economic downturn of 2008-2010, and even the recent Covid-19 pandemic from 2020-2022. It has and continues to grow and becomes more profitable annually.
This is an awesome business with the kicker of potential real estate development.
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Property Features and Assets:
This Butcher Shop is over 100 Years old, has been passed down from father to son. The company is know for its excelland meat and poultry and the service provided.
The owner also owns the real estate the business is housed in. The building the will be sold with the business,
The 8,000 square feet facility is owned by the business owner and will be sold with the business. It has been a butcher shop for almost 100 Years.
Market Competition and Expansion:
The business mostly sells retail and does not focus on selling wholesale to restaurant or other commercial buyers.
Similar to when the owner added poultry, Similar to the success with poultry, adding seafood can diversify
the product range and attract new customers who prefer seafood over poultry or other meats. Offering meat, poultry and seafood can create convenience
for customers looking to fulfill their protein needs in one place, potentially increasing
sales through bundled purchases.
Introducing a mail-order option allows the business to reach customers beyond its local market, potentially capturing a national audience.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Pennsylvania businesses for sale
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