This specialty meat market with an off-sale beer, wine and spirit license offers its loyal patrons the finest cuts of the globe’s 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.
- Asking Price:
- $475,000
- Sales Revenue:
- $1,231,473
- Cash Flow:
- $226,751
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$8,000 per annum
- Premises Details:
-
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 $150k - $250k in inventory will be sold at cost at close in addition to purchase price.
- Size in square feet:
- 1,758
Business Operation
- Expansion Potential:
-
In 2023 the company 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.
- Competition / Market:
-
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.
- Reasons for selling:
-
Personal
- Employees:
- 3
- Years established:
- 2020
Other Information
- Support & training:
-
Seller will train for 2 weeks at 20hrs per week or as negotiated
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Seller may consider a small, secured carry to a creditworthy buyer with sufficient experience to facilitate an SBA or conventional loan, based on the overall offer.
- Inventory / Stock value:
- $250,000
