Pittsburgh, PA (Allegheny County)

Established:1952
Ad#: 1785380 
Added: 09/10/20

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BUSINESS SUMMARY

The Company is an independent gourmet grocery store providing its regional community a one-stop destination for quality meats, produce, baked goods, and groceries.

The Company sources products from a diversified list of hand-selected vendors to ensure product quality and satisfy customer demand. The Company operates from a 12,000 square foot facility leased from a related party, which allows significant advantages and operational consistency for the store. The facility is available for acquisition along with the Company.

INVESTMENT APPEAL

High-Caliber and High-Tenured Staff.
The Company fosters a workplace where it’s extremely experienced and dedicated personnel are able to enjoy their work, and therefore remain long term. Many employees have been with the store for more than 20 years, and a few for more than 40 years. The Company has very low employee turnover, which is a signal of the class and care with which management treats the employees. Low turnover allows the Company to retain the most skilled and experienced personnel for the store and consistently deliver superior customer service.

Stable Operations.
The Company has honed operations over a multi-decade history to deliver reliable and consistent financial results year-over-year. Over the most recently completed fouryear period total sales has not fluctuated more than $100,000 from the average for the period. This is a testament to management and employee commitment to operate the store within guidelines and customer commitment for repeated patronage.

Established Local Presence.
While retail competition can be robust in any region, the Company benefits from its convenient location in the heart of its community, where it has been located for almost 70 years. Events are often held in front of the store that bring local residents together and adds to community involvement.

Detailed Information:

Location:
Pittsburgh, PA

Facilities:
The Company operates from a 12,000 square foot facility leased from a related party, which allows significant advantages and operational consistency for the store. The facility is available for acquisition along with the Company.

Support & Training:
This is a 70 year old family run market. They Seller will not just hand it over. He will transition properly and not put a time stamp on it.

Reason for Selling:
Retirement