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Specialty Meats Retailer In Prime Location In Houston For Sale

Houston, Texas
Asking Price:
$985,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,653,306 (USD)
Cash Flow:
$392,688 (USD)

Attractive opportunity to purchase this specialty meats and lunch only business that’s been around since 1982. This location does over $1 million in sales for just the 2 months of the November / December holiday season! Located on the west side of Houston, this brand store is known for their high quality, low salt hickory smoked honey glazed hams, gourmet meats, catering and corporate service. During the holidays, loyal customers are literally in line, out the door waiting to purchase their ham and other specialty meats like honey glazed turkey breast, hickory/Cajun spiced turkey, filet mignon, smoked brisket, St Louis style ribs and more. There’s a significant volume of corporate ham sales during holidays w/catering and lunch throughout the year. 70%+ of holiday sales is recurring, testifying to the success of their various meats and dishes. Finally, this business greets lunch only crowds with tasty specialty Louisiana dishes such as muffulettas, po-boys, salads, gumbo and sausage/chicken/shrimp platters that keep the customers coming back for more. The current absentee owners acquired the business in Nov 2017 and are only involved in the months of Nov and Dec. Full-time manager runs the restaurant throughout the year. Delivery van is included in the sale. There’s lots of room for growth by targeting nearby oil & gas corporations and hiring an outside salesperson. Clear possibility for expansion as this location is the only one in the state of Texas! The franchisor provides strong support and centralized marketing efforts which can be coordinated by the new owner. Royalties are 4% with 4% marketing fee, capped at $1 Mil revenue. $15,000 transfer fee paid by buyer. SBA financing available.

Seller's Discretionary Earnings: $392,688 Actual

Property Information

Real Estate:

Lease

Location:

5805SF facility in shopping center

Business Operation

Expansion Potential:

Target nearby oil / gas corporations; hire outside sales person; open additional locations

Reasons for selling:

Owners have a non-related business and not enough time to grow this business

Trading hours:

6 days, Mon - Sat 10am-6pm

Employees:
7ft; 30pt
Years established:
1982

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Financing available:

SBA financing

Furniture / Fixtures value:
$71,000 (USD) - included in the asking price
Inventory / Stock value:
$12,000 (USD) - included in the asking price
Related Documents:

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