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Asking Price$399,000
Revenue$1,075,000 Established2002
Cash Flow$241,636 Employees4 full, 1 part
FF&E$50,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 30982

Landmark Italian Gourmet Deli. In business for over 18 years. This has been an essential business throughout the pandemic, especially as a source of meat for local residents. Many customers discovered the location for the first time and have continued to shop there ever since. The business has a great reputation and brand that is well-known throughout the area. They are a full-service deli and caterer. This is a one-stop shop, where you can shop for gourmet prepared foods and a wide variety of Italian imports. The store is a spacious 2,500 sq. ft., with a full kitchen. There are 14 years (10 plus 4) left on the current lease. In fact, the building is for sale for an additional $550K. In the past 12 months, the business grossed approx. over $1,100,000.00 with a cash flow of approx. $241,636.00. The owner will stay on for a month of training, if necessary. The seller keeps all register "z-outs" and purchases to help verify sales. The business is fully-staffed with four F/T and one P/T employee. The key employees have been working here for 17 years, or longer. The sale price includes a Nissan Pathfinder for pick-ups and deliveries. We are seeking a serious and financially-qualified buyer with at least $270K in liquid funds and management skills. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Training/Support:Seller will train
Seller Financing:260,000.00 Down & $139K over 4 yrs. @ 6%
Sale Reason:Family illness
Ad #121285
Seller Reference #30982
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Vested Business Brokers
Vested Business Brokers
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