Fresh Fruit and Produce Farmer\'s Market
Location: Massachusetts, United States
Category: Agriculture
Type: Established
Asking Price: $525,000
Cash flow: $300,000
Revenue: $1,300,000
Gross Income: Not Disclosed
Inventory: $25,000 - Not included in the Asking Price
FF&E $40,000 - Included in the Asking Price
Real Estate: Not Disclosed
This very popular and established retail market provides their customers with top quality and competitively priced fresh fruit and produce year round. The market also stocks a wide variety of dairy, bakery and other complimentary products that bring in the customers two or three times a week.
The retail market is located on the busiest of main routes in a newly constructed and modern architecture 2,000 square foot building in Southeast, MA. With over 450 feet of street frontage, the market is very visible and offers easy access and parking for over 25 customers. The business is four years old, employs 3 full time and 9 part-time, and is open daily from 8am to 7pm.
Sales are approaching $1.5 million and increasing 15-20% annually. In addition to running the retail market, the business also involves the daily buying and delivery of the fresh products. An aggressive and hard working owner operator can cash flow approximately $300,000. And the business is growing.
The business is located in a newly constructed and modern architecture 2,000 square foot building on 4 plus acres with over 450 feet of street frontage. The building includes a spacious retail section, small office area, storage area, loading dock and two handicap accessible bathrooms. The lease rate is $4,000 per month with an initial 5 year term and multiple term renewal options. The owner will also grant the buyer an option to purchase the real estate at a future date.
Includes two point of sale systems, two spare point of sale systems, one 2 door glass refrigerated display case, two 3 door glass refrigerated display cases, a pallet jack, 2 scales, safe, file cabinet, phone, fax, computerized video surveillance system, one 48 foot cold storage trailer, miscellaneous counters and display racks, one 18 foot 1991 International box truck, one 24 foot 1999 International refrigerated box truck, and one 1995 Ford Econoline Van.
Opportunities: Increase revenues by selling seasonal products, such as pumpkins and flowers in the spring, and Christmas Trees in the winter. There is also a tremendous market in wholesaling fresh fruit and produce to local restaurants, grocery stores and convenience stores.
The owner will facilitate a two week transition and will train the buyer on both the retail operation and the buying aspect. Some owner financing may be available.
Reason Selling: The business is being sold for health reasons.
Number of Employees:
Year Established:
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