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Asking Price$575,000
Revenue$473,503 Established2016
Cash Flow$53,272 Employees3 full, 6 part
FF&E$50,825* FranchiseNo
Inventory$20,000 RelocatableNo
Real Estate$450,000* Home-basedNo
* Included in Asking Price
This business opened in August, 2016 by the current owners.  The business was founded in response to the owners' inability to get to the local farmers' market during their limited hours.  They invited local farms and artisans to supply them with their wares to be offered to the public seven days per week and are now supporting over 25 of those local farms and artisans.  The business operates as a Subchapter S Corporation.  The real estate is also owned by the sellers under a separate entity and is included in the sale.  
The market has grown into a very popular take-out service as well.  Daily they offer two hot soups (meat and vegetarian); prepare at least one entrĂ©e option (meat and vegetarian); prepare and offer a dozen side dishes; feature an impressive assortment of baked goods (most gluten free); offer a sandwich and smoothie menu, as well as provide a wide assortment of grocery items. They also gladly cater any size event.
Offered for sale is the business entity, including all tangible and intangible assets as well as the real estate.  The multi-use building, which also includes two income producing apartments, is in very good condition and fully functional as a market with ample parking.  Loyalty of local families and businesses helps yield strong year-round numbers.
    Great opportunity to purchase a business and real estate supported in part by income producing apartments!  Also perfect for the buyer looking to relocate to own a business which includes housing as well as an extra income earning apartment.

Required Licenses: Food License
Competition:This is the only market of its type in the area, so there is no direct competition. A couple of convenience stores may compete at some level, but not directly.
Growth Potential:The sellers have considered adding beer and wine products from the myriad breweries and wineries in the area. They have also discussed adding pizza as a menu item and opening earlier to include breakfast. These would be perfect additions that a buyer could implement to positively impact the bottom line immediately.
Training/Support:The current owner is willing to stay on and train for two weeks after the transfer of the business at no charge and may be available on a paid consultant basis should that be important to the buyer.
Seller Financing:They are willing to provide limited terms to a qualified buyer based on the strength of the deal.
Sale Reason:The current owners are looking to retire after 48 years in business. They are very comfortable that
Ad #122116
Seller Reference #NEWHAMP001-N38
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Contact This Seller
Jay Polimeno
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