George & Company

UNDER AGREEMENT - Recession Proof Market #15625

Asking Price: $699,000

Cash Flow: $278,074

Gross Revenue: $4,154,192

FF&E: $125,000

Inventory: $115,000

Established: 1982

Business Description

Recession Proof Business! Revenue was over $4 million in 2019 and 2020 revenues on track for $4.4 million with profits over $300k. Nothing can stop this business, not the economy or economic shutdowns. This business is essential in every way and their loyal customer base knows it!
The store cranks out this kind of volume year after year, but still has "meat on the bone" when it comes to growth. Several areas can be expanded and capitalized to bring this business into the 21st century when it comes to technology.
Tremendous growth can take place with opening up wholesale selling and expanding take home meals, catering, etc.
This business is being offered up

Attached Documents

Click for CA

Detailed Information

Inventory: Included in asking price

Employees: 18

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 10,000 sq. ft. building with ample parking. The Real Estate will be leased or sold with the business for an additional $899,000

Growth & Expansion: Add wholesale, new product lines, possibly delivery, create rewards program.

Support & Training: Seller supports transitional training for a smooth transition.

Reason for Selling: Retirement

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email:  

Looking for More Information?

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