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Asking Price$599,000
Revenue$1,900,000 Established1982
Cash Flow$272,981 Employees2 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Italian Gourmet Market, C-Store and Stationery. This 5,500 store has it all. Family owned and operated for 28 years, they are a landmark in the community. They offer a full line of Gourmet Italian Specialties, hot and cold foods, prepared foods, a full butcher shop, convenience items, stationery items, produce, LOTTO, Catering for any event from 5 to 500 guests and much, much more... In 2011 Gross Sales were approx. $1,900,000.00 with a Net Income of approx. $270,000.00. The owner is looking to retire. The business is located on 2.7 acres and the landlord will offer a 10 year lease or more to a qualified buyer. The sale includes 2 delivery vans. We are looking for a serious and financially qualified buyer with at least $500K in liquid capital to cover the down payment, inventory (approx. $100K in addition to the asking price), deposits and working capital. Any buyer must have previous deli, butchering, or supermarket experience. If you meet the criterion,call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
Training/Support:seller will train
Seller Financing:325,000.00 down & $274K over 5 yrs. @ 6%.
Sale Reason:Retirement
Ad #39978
Seller Reference #21831
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Melvin L. Vaz
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