Company Overview
NW Florida
A well-established and highly profitable, turnkey specialty food market awaits in a prime Florida Panhandle location. This thriving business offers:
- A remarkable market position with limited competition, making it the largest and most successful in the area.
- Impressive and growing revenue, with the fiscal year ending in 2024 showing $6,430,000. Based on current sales, projections for 2025 are an outstanding $7,100,000 with cash flow in excess of 700K.
- Impeccable financial records, with all figures taken directly from tax returns, ensuring complete transparency.
- Valuable real estate included, with real property valued at $800,000 as part of the sale.
- A legacy of excellence, with 18 years of operation and a stellar reputation.
- Substantial owner benefits of $590,000, with no unusual add-backs.
- Excellent Opportunities for Growth & Expansion:
- Introduce prepared meals to meet growing customer demand.
- Add a curated selection of beer and wine.
- Easily expand by opening an additional location.
- Modernize the website to expand online ordering capabilities.
- Pre-approved for an SBA loan, streamlining the acquisition process.
- Multiple established profit centers driving strong, consistent returns.
- Seamless transition with comprehensive training provided at no additional charge.
- And so much more!
General Information
Year Established: 2006
Employees: 6 F/T; 8 P/T
Facilities: The business is situated in a excellent location with the real property included in the sale. The building is approximately 3,759 sq. ft. and includes ample parking. The state-of-the-art facility is equipped with two large walk-in coolers, a large walk-in freezer, an expansive prep area, a small office, multiple meat cases, and a spacious retail area. A second building provides additional storage.
Market Outlook
Growth & Expansion: This business has demonstrated steady growth and excellent cash flow for the past several years. With limited competition in close proximity, it boasts unlimited potential for continued growth and expansion.
About the Sale
Training: The seller is committed to a smooth transition and will provide sufficient training at no charge. A long-term consulting agreement is also an option, if required.
Reason for Selling: The seller is retiring.
Financial Summary
Asking Price: $3,500,000
Revenue: $6,439,000 (FYE 2024)
Discretionary Cash Flow: $590,000
FF&E: Included in Sale
Inventory: Not Included in Sale Price
Real Property: $800,000 (Included in Sale)