Specialty Meat Market with Beer, Wine & Liquor - Burbank Area!
Burbank, CA
| Asking Price: | $365,000 |
| Gross Revenue: | $1,231,473 |
| Rent: | $8,000 |
| Established Year: | 2020 |
| Cash Flow: | $226,751 |
| Inventory: | $80,000 |
| EBITDA: | $226,751 |
Listing ID: 2219692Listing provided by BizBuySell
BUSINESS DESCRIPTION
This specialty meat market with an off-sale beer, wine and spirit license offers its loyal patrons the finest cuts of the globes most premium meats and helps pair them with similarly rare specialty wines and liquors. The unique business blends the craftsmanship of a premium butchery with expert mixology for both meat and cocktail aficionados. With a central Burbank area location, the venue boasts a spacious central location with onsite parking to cater to neighborhood residents or those who visit from many areas of greater Los Angeles.
DETAILED INFORMATION
Location
Burbank, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,758
Lease Expiration
01/01/2029
Employees
3
Facilities
This 1,758 square foot location leases for $8,000 per month including common area maintenance expense on a lease until 2029 with 2-5 year options to extend. All of the retailer’s furniture, fixtures, equipment, goodwill and Type 21 off-sale beer, wine and spirits license will be included in the sale. An estimated $80k in inventory will be sold at cost at close in addition to purchase price.
Competition
The retail butchery and premium liquor store sets itself apart from its current existing competition through its ultra-premium offering and stellar customer service designed to educate patrons that are not familiar with their next level offerings, while catering to those who are already familiar with their specialty meats and beverages. The business has positioned itself to expand the market for offerings thereby shift customers away from the everyday goods offered to local grocery, wine and liquor stores.
Growth & Expansion
The company currently generated over $150k in revenue from direct-to-consumer web sales. New management will want to continue to cultivate this client base to expand this market segment, while also continuously optimizing their onsite shopping experience. Social media marketing may offer the buyer a means to create posts, podcasts and even onsite or virtual educational events to continue to expand their customer base.
Financing
Seller may considera a small secured carry to a qualified buyer with a suitable offer
Support & Training
Seller will train for 2 weeks at 20 hours per week or as negotiated.
Reason for Selling
Personal
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