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Philadelphia County, Pennsylvania
Philly Butcher Shop with Real Estate
Asking Price
$5,534,900
Revenue
Call/Email
Down
$5,534,900
Cash Flow
Call/Email
Name: Richard Collins
Name
Richard Collins
Description
The business is about one hundred Years old and has been passed down from generation to generation. The owner owns the real estate which he will sell with the business. Real Estate professionals involved with developers tell us additional floors could be added above the store with the potential of adding apartments or condominiums. This could offer a new owner added benefits from the purchase. Obviously, any development would need to be approved by the city. The real estate is included in the listing price. The company is known for its excellent meat and poultry and the service the owner and staff provide its customers. There are many areas of potential growth for a new owner, which is discussed in the Confidential Information Memorandum when a buyer gets to that stage. There will be a requirement from potential buyer of proof of funds of $1,000,000 or a bank letter for $5,000,000 to gain access to information on this business. The company has amazing resilience surviving the Great Depression, World War II, the Korean War, Vietnam War, Stagflation, high-interest rates of the 1980s, the economic downturn of 2008-2010, and even the recent Covid-19 pandemic from 2020-2022. It has and continues to grow and becomes more profitable annually. This is an awesome business with the kicker of potential real estate development.
The business mostly sells retail and does not focus on selling wholesale to restaurants or other commercial buyers.
Similar to the success with poultry, adding seafood can diversify the product range and attract new customers who prefer seafood over poultry or other meats. Offering meat, poultry and seafood can create convenience
for customers looking to fulfill their protein needs in one place, potentially increasing
sales through bundled purchases. Introducing a mail-order option allows the business to reach customers beyond its local market, potentially capturing a national audience.
https://tworld.com/locations/Pennsylvania/centercityphilly/listings/Philly-Butcher-Shop-with-Real-Estate-
Business Details
Year Established:
1927
FE&E:
$200,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
45783-748503
Sales:
$5,302,016
Posting Information
Posting ID:
ID tw:79354 / Listing Number 45783-748503
Business Category:
Food Business Retail
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Philly Butcher Shop with Real Estate
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*79354
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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