© 2024 MergersCorp M&A International.
© 2024 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
The business provides a wide range of grocery market products and takeout delicatessens. Fresh meat is sold both retail and wholesale to clients and partners within a local radius. From specialized items, name-brands, and freezer specials to deli sandwiches and pre-cooked takeaway meals, this retailer boasts top ratings and a glowing reputation, highly recognized through numerous awards for its quality products. With reliable equipment and updated fixtures, Revenues in 2023 reached milestone levels of $9,355,000 alongside Discretionary Earnings of $646,000 and EBITDA’s of $569,869.
Multi-certified with strong commands over the local Retail (53%) & Wholesale (47%) markets, strategic opportunities for expansion exist through updated POS systems & accepting food delivery services like Uber Eats.
Besides the large repeating client base sending referrals, their marketing efforts include the active website, engagements across social media, direct-mailers and convenient location.
The 4,700 square foot retail facility comes complete with cold storage and case displays, meat cutting and food preparation areas, a backroom for inventory storage, receiving area, and ample office space! The property holds a quinquennial tenancy of $8,781 per month to a high-traffic shopping site, with options to extend into 2038.
With five decades of industry experience, the business is best suited for an involved ownership or GM to oversee the 35 nonunion employees that continue daily ongoings.
While a standard transitioning is ideal, the current ownership will be available for up to two years with compensation. Situated in an affluent Philadelphia suburb, the area offers outdoor activities, excellent education and historically rich culture in a family-friendly environment.
1. Meat Wholesale: 47%
2. Meat Retail: 23%
3. Deli Retail: 19%
4. Grocery & Produce Retail: 11%
Average Annual Growth Trends of 6.5%
© 2024 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
This website is operated by MergersUS Inc a US Corporation with registered office at
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Description
The business provides a wide range of grocery market products and takeout delicatessens. Fresh meat is sold both retail and wholesale to clients and partners within a local radius. From specialized items, name-brands, and freezer specials to deli sandwiches and pre-cooked takeaway meals, this retailer boasts top ratings and a glowing reputation, highly recognized through numerous awards for its quality products. With reliable equipment and updated fixtures, Revenues in 2023 reached milestone levels of $9,355,000 alongside Discretionary Earnings of $646,000 and EBITDA’s of $569,869.
Multi-certified with strong commands over the local Retail (53%) & Wholesale (47%) markets, strategic opportunities for expansion exist through updated POS systems & accepting food delivery services like Uber Eats.
Besides the large repeating client base sending referrals, their marketing efforts include the active website, engagements across social media, direct-mailers and convenient location.
The 4,700 square foot retail facility comes complete with cold storage and case displays, meat cutting and food preparation areas, a backroom for inventory storage, receiving area, and ample office space! The property holds a quinquennial tenancy of $8,781 per month to a high-traffic shopping site, with options to extend into 2038.
With five decades of industry experience, the business is best suited for an involved ownership or GM to oversee the 35 nonunion employees that continue daily ongoings.
While a standard transitioning is ideal, the current ownership will be available for up to two years with compensation. Situated in an affluent Philadelphia suburb, the area offers outdoor activities, excellent education and historically rich culture in a family-friendly environment.
Product Breakdown
1. Meat Wholesale: 47%
2. Meat Retail: 23%
3. Deli Retail: 19%
4. Grocery & Produce Retail: 11%
Average Annual Growth Trends of 6.5%
Basic Details
Target Price:
$2,150,000
Established
1974
Business ID:
L#20240645
Country
United States
Detail
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