The food business offers a wide variety of unique business opportunities. The industry mostly includes businesses that allow customers to browse and purchase food items for home consumption (with some occasional exceptions). Overall, spending for food at home comprises half of all food dollars spent and a good portion of nearly everyone's disposable income. The huge millennial market values food stores: 90% of millennials prepare dinner at home at least three nights each week.
The common food business category of grocery stores and supermarkets constitutes a $601 billion industry, carrying 90% of all food store sales. Grocery store businesses benefit from the fact that they provide a diverse group of essential goods. A vast majority of consumers frequent supermarkets: on average, consumers go grocery shopping one to two times per week. Moreover, grocery store owners have the ability to capitalise during a strong economy on profitable consumer trends toward organic, natural and premium food items.
Specialty food businesses, including retail bakeries and seafood markets, make up a much smaller segment of overall food business sales, but they can be just as profitable. The industry has been steadily growing, and it will continue to grow in coming years: in 2015, specialty food markets boasted $120.5 billion in sales, a 21.2% increase from 2013. These stores also benefit from consumer tastes for premium food items.
Transworld's food businesses for sale include retail stores such as bakeries, grocery stores, fish markets and health food stores. The category also includes other establishments like delis and catering services. If you are considering the purchase or sale of a food business, Transworld is the go-to source to prepare your deal and meet vetted buyers or sellers. If interested in purchasing a food business, Transworld's business advisors will work with you to determine your abilities and interests, educate you about the search and buying process and connect you with food business sellers that match your criteria. If interested in selling your food business, Transworld's experienced advisors will offer full marketing support, including expert valuation and strict confidentiality, while introducing you to prospective buyers. Transworld will be involved at all stages until both parties reach their goal and the food business changes hands.
Click here to find our list of food businesses for sale. For each listing, we include detailed descriptions of each food business for sale along with some basic information such as price, down payment, number of employees and inventory. We offer a number of subcategories that cover all types of food businesses, so you can specify whether you're interested in, for example, a donut shop or a coffee and tea store.