What Are Some Tips On Buying A Butcher Shop, Meat Market?

Comments & Replies: 1     Views: 7536     Posted By: Joe Ranieri  Joe Ranieri, Business Broker: LA, Orange County Areas

Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.

Topics: Buying A Business     Tags: buying a business



Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. Words like, organic, grass fed beef vs. grain fed beef, local meat plant, are becoming more frequently used as consumers explore their buying options. A local butcher may not be able to compete with major supermarkets regarding price, but there are many ways which they can provide a niche for themselves in their local communities. According to the Food and agriculture Organization of the United Nations, "In the U.S. and other developed counties, meat composes a significant portion of the normal diet, contributing more than 15% to daily energy intake, 40% to daily protein intake."

Regarding location, a buyer should look for a location that is heavily trafficked that enables it to be the last purchase a customer makes before heading home to make dinner. Strips centers are great locations for butcher or meat markets, especially those that don't have a super market as their anchor store. Another important aspect of location is making sure delivery trucks have easy access to your location. A buyer should do some research to make sure their community will support a local butcher shop/meat market, and they will appreciate the superior service and quality that many supermarkets cannot provide.

Being a butcher is absolutely a skill, and one might not pick up in just two weeks of training. The reason why consumers may go to a butcher instead of getting their meat from a row of prepackage meat at a supermarket is because a butcher has a level of expertise on what meats will go with certain dishes, and making the right cut to the meat, while also offering alternatives to choices if price is a problem for the consumer. Many buyers for a butcher shop may have restaurant experience, but don't want to work the grueling hours that restaurants require, but also stay in the food business. A buyer should be aware that they will need a level of expertise to run a butcher shop for it to be successful, because customers will demand a level of competence when having their questions answered.

A buyer should investigate a seller's inventory and become aware of selling trends. Many butchers will inventory their meat by cut, which allows them to have the right amount in stock at a given time and minimize spoilage. Keeping inventory by cut also helps control costs, which food costs can run up to 40%, and allows controlling costs if there are delivery fees. A buyer should also know if there is a tracking system in place, so they know if the meat is cataloged by date, to be aware of which are close to expiring. A buyer should ask a seller if they have records of when certain meats are in greater needs during the week or certain holidays of the year.

Buyers should inspect all equipment, which include knives, cleavers, and saws and any other food processing equipment. Food scales should be inspected, as well as the walk-in cooler. A buyer should make sure that all permits and licenses are up to date.

Pricing can range from 4 to 5 times the monthly gross, but there are many factors, such as rent, that makes "rules of thumb" unreliable.

One of the most important aspects of being a butcher is having superior customer service, many customers will know their local butcher by name and it should be reciprocal. Not only will a butcher sell to the public but also local restaurants who use them for specialty meats that they cannot get delivered elsewhere.


  Helpful Resources To Assist In Selling And Buying California Businesses
Jack Oh, Business Broker: Southern California

Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989 Cell / Text.

Randall Barondess CBB, Business Brokerage Services - Central Coast

Experts at: Preparing Businesses For Sale, No-Cost Valuations and Lease Modifications. MaxOne Business, a REMAX ONE Company prepares small, mid-sized and large businesses for sale by confidentially packaging the business and providing guidance throughout the sales process.

Peter Siegel, MBA: Business Purchase Financing Solutions

Niche business purchase financing advisory and loan placement services with SBA and Non-SBA Financing, Retirement Fund Rollover Solutions, Combo Financing Packages. To get professionally pre-qualified or more information on the ProBuy/ProSell Programs: 925-785-3118.

Rick Carlson, Business Broker - Southern California

You Will Never Feel Lost In The Shuffle. Many Brokers Simply Send Out An NDA And That's The End Of Communication. All Buyers Receive A Personal Meeting With An Ace Acquisition Specialist So They Can Recommend The Perfect Business For You. Phone Rick direct at 800-985-4939.

William Park, Business Broker: Southern California

Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible.

Michael Davidson, Business Broker - Southern California

Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.

Peter Siegel MBA, BizBen Founder, ProBuy, ProSell, ProIntermediary Programs

Founder Of BizBen.com (since 1994). I am the Lead Advisor for the ProSell, ProBuy, & ProIntermediary Programs. I consult daily with buyers, sellers, and brokers daily about buying and selling California small to mid-sized businesses. Call 925-785-3118.

Lee Petsas, Business Broker: Southern California Area

Lee Petsas has been selling businesses with UBI Business Brokers in Southern CA since 1981. In 1999 he became the Owner and Broker for UBI. He has been approved multiple times by Courts as an Expert Witness in the area of Business Valuations.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
What Are Some Tips On Buying A Butcher Shop, Meat Market? Broker Gives Tips

Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.

Is Your First Offer Received Usually The Best Offer When Selling A Business?

Should you accept that first offer when selling a business? Brokers and agents agree that the first 30 days are probably the most critical when selling a small business - but should you take that first offer? Joe Ranieri (Orange and LA County Business Broker) starts this great Discussion on BizBen.

Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaurant

Buying a restaurant (no matter what type) can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant intermediaries and advisors weigh in on this BizBen Discussion about the best way to find, purchase and run a restaurant successfully!

Millennial Buyers: What Are They Seeking When Buying A Small Business?

First, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses.

Due Diligence Checklist: 10 Key Items To Investigate When Buying Businesses

Buying a California small business involves reviewing due diligence checklists so buyers can learn enough to determine whether to proceed with a deal. Here's a due diligence checklist. Peter Siegel, MBA (BizBen ProBuy Advisor & Business Purchase Financing Expert) at 925-785-3118 shares his views.

Business Purchase Financing Expert Peter Siegel - Tips On Proving Cash Flow

What are the actual "provable" adjusted net earnings (cash flow) of a small to mid-sized business being purchased? Buyers need to look carefully at all financial info for the "real" adjusted net income/cash flow. Peter Siegel, MBA (BizBen ProBuy & ProSell Lead Facilitator) at 925-785-3118 explains.

Attorney Specialist Shares Escrow Instruction Tips When Buying A Business

Once you have successfully negotiated the Asset Purchase Agreement ("APA") for your acquisition it's natural to relax a little and let your guard down. Attorney Specialist Mark Chatow discusses what business buyers should look out for when opening escrow and getting escrow instruction in place.

Article On Buying C-Stores: Finding Moneymaking Convenience Stores

Trying to find the best convenient store for sale? Learn how to find convenient stores for sale with high traffic, profitable locations to maximize your investment. Peter Siegel, MBA (925-785-3118) the Director of the ProBuy & ProSell Programs with BizBen.com explores this topic on buying a C-Store.


Bill Ziprick Legal Advise
Escrow Town And Country Southern California
Michael Brewer, ABC License Consultant
Escrow Services From Helen Yoo New Century Escrow
Facebook
Twitter
Linkedin
Vlogs and Podcasts
New Postings Reports On BizBen Sign Up
BizBen Blogs And Articles
Advertise On BizBen
California Educational Events Buying And Selling Businesses
Instant Email Alerts On BizBen
BizBen ProSell Program


BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2020, All Rights Reserved



Clost Login


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
What Are Some Tips On Buying A Butcher Shop, Meat Market? Broker Gives T...
Read More News
Why Restaurant Buyers Typically Fail: Best Pro Tips For Buying A Restaur...
Read More News