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Sophisticated Butcher Shop, Opulent Area. $2.15M Sales

Beautifully appointed and modern charcuterie destination.

Specifications

 Price:
$305,940
2020 Revenue:
$2,152,338
Cash Flow:
Please Inquire
Location:
San Francisco
Type of Sale:
Asset Sale
 ABC  License:
Type 20
 Employees:
14 Full Time Employees
Reason for Sale:
Focus on Wholesale Business
Goodwill:
11 Years at Location
Year Established:  2010
Services:  Fresh and dry aged meats, poultry, sausage & salami, Pate, Confits and other goods
Furniture, Fixtures
& Equipment: 
Walk in cooler, 12’ Deli Case, self-serve refrigeration, sausage processing equipment, Alto Sham, meat slicers, Berkel manual meat slicer, scales, vacuum sealer, prep tables, all smallware’s and Shop-keep pos included
Product breakdown:  High Quality Meats, Rare Meats, smoked meats, Cured Meats, Fresh sausage, and more
Clients: 100% retail  Hours of operation: 10:30a to 7p 7 days a week
Facility & Lease:  1400 sq. ft. Shop, 850 sf retail 600 production. Monthly payment $5384
Personnel:  14 full time employees (2022 Q1 COVID passed through the shop effecting sales/hours of operation)

Artfully designed by Wiley Price, this butcher shop’s ambiance and decor is a nod to the class and style of the past with modern day appointments and taste.

Demographics for the primary borough served include a population of 18,250 within a city of 841,820. The two largest age groups (18 to 59) encompass 79% of the consumer market with a median family income of $136K and home value of $805K.

Offerings include a full assortment of quality cut meats. Hard to find items such as caul and pork jowl are available due to the relationships established with trusted farmers and producers. Cured and smoked meats are made on premises as well as salads and sandwiches for take-out orders. Everything from free range turkeys, crown roasts, rabbit, quail, terrines, pates, and potted meats are stocked as well. Cheeses, breads, wines, pastas, and small batch producers of canned and jar goods line the shelves. Buyers, bring your culinary passion, and enthusiasm for nose to tail, farm to table products where service and quality are center stage at this acclaimed shop. If you have existing relationships with small producers, their premium, local products would be a great addition to the showcase of this shop.

Value Proposition

  • Well established regional reputation
  • Exceptional Customer Reviews of 4.5 stars
  • Featured in Bon Appetit, Eater, Food & Wine, Saveur, and other publications
  • Rotating charcuterie and sandwich menu
  • Place your name on this business
  • Structural Concepts 12 ft refrigerated deli case
  • High ceiling with open beam atmosphere
  • Structural Concepts 4 ft cheese case
  • Structural Concepts 6 ft beverage refrigerator
  • Ample shelving for dry goods and wine sales

Revenue Breakdown

Financial Highlights

  • 2020 gross sales $2,152,338
  • Sales INCREASED 17% in 2020
  • Lease is assumable with landlord consent
  • Lease is 1400 sf at $3.85/sf
  • 2021 financials projected to be similar to 2020
  • Recommended working capital: $45,000
  • Inventory estimated monthly average: $53k
  • Listing price: $305,940 + inventory
  • Sales from Thanksgiving are 4% total sales
  • Sales from December holidays are 5% total sales

Cashflow Analysis

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