Listing Number: 76931-756642
Description
The company operates as a storefront charcuterie board business, distinguishing itself as one of only three similar service providers in San Antonio, TX. Strategically located in the northern area, it caters to a higher-income demographic while also serving the entirety of San Antonio and its surrounding areas. The store fills a unique niche, offering a blend of catering and to-go services, specializing in snacks and finger foods for small to medium-sized events. The store is set up with Easy Cater and has a wonderful revenue flow from that platform.
Under new ownership since May 2023, the business has experienced significant growth, transitioning from a primarily household-focused clientele to serving corporate and event needs. This strategic shift has resulted in an eightfold increase in revenue compared to the previous owners. While initially intended to operate as an absentee business, the current owners quickly recognized the value of hands-on management, despite the challenges posed by their full-time employment commitments.
The business model, centered on selling charcuterie as a catering alternative and party platter replacement, is gaining traction nationwide. Companies can achieve high-profit margins by ordering from this franchise while keeping costs low. This marketing strategy has propelled the location to become one of the top five revenue producers within the entire franchise network.
Despite early-stage ownership, the business continues to experience growth, although orders have occasionally needed to be scaled back due to scheduling conflicts with the owners' full-time positions. With nine months of operating income yielding a Seller's Discretionary Earnings (SDE) of $42,626 and overall revenue reaching $190,756, the business presents a lucrative opportunity for potential buyers.
Ideal buyers are individuals passionate about assembling food boards to meet customer needs, prioritizing quality ingredients and exceptional customer service. Positioned as a competitor to catering and party platter services offered by larger grocery delis, the business captures a niche market that often goes unaddressed by larger competitors. While facing limited competition from other charcuterie stores, the potential for growth and expansion is substantial, with the opportunity to establish multiple locations across the city of San Antonio. This business is the industry disrupter that will go unnoticed by competition.
Listing Details
- Price: $ 199,000
- Down Payment: $199,000
- Sellers Discretionary Earnings: $ 4,850
- Total Sales: $ 123,678
- Location: San Antonio, Bexar County, Texas
- Inventory: $ 0
- FF&E: $ 23,590
- Employees: 4
- Reason for Selling: Conflicting Business
- Category: Restaurants,Food Business Retail
