Profitable Meat Market And Take-out Restaurant
Profitable Meat Market And Take-out Restaurant
Price: $4,915,000
Location: Houston, Texas
Industry: Supermarkets and Other Grocery (except Convenience) Stores
Listing ID: 100576
Well-established profitable meat market and take-out restaurant is available for sale due to the owner's planned retirement. This meat market has been serving the community for over 44 years and is known for its quality of meat, cleanliness, and service. Both the meat market and restaurant are very busy with sales growing 31% in 2020 and an additional 14% in 2021. The business generated the owner almost $1m in cash flow in 2021 and is on pace to do the same in 2022.
The owner does not need to be a butcher as the business has a strong management team in place and several meat cutters. The excellent reputation, systems that have been fine-tuned over 44 years, and well-trained staff in place allow for a new owner to build upon the success of the current owner and implement changes to improve the profitability of the company.
Total Sales: $8,123,932
Cash Flow: $980,936
EBITDA: $880,936
Inventory: $100,000
Inventory Included: Yes
Real Estate: $1,600,000
Real Estate Included: Yes
Reason For Sale:
Retirement
Training & Support:
The current owner is offering training and support during the transition period to ensure a successful transition.
Year Established: 1977
Employees: 39
Square Footage: 7800
Facilities Information:
7,800 square feet freestanding building with plenty of parking located on a main road with high traffic counts.
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