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Asking Price$650,000
Revenue$1,900,000 Established1985
Cash Flow$272,981 Employees6 full, 6 part
FF&EUndisclosed FranchiseNo
Inventory$100,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Italian Gourmet Market, Convenience Store and Stationery. This 5,500 sq. ft. 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. Located on 2.7 acres and the landlord will offer a 10 year lease or more to a qualified buyer. 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 this criteria please call your local Vested Business Broker, Mel Vaz, at 1-877-735-5224.
Training/Support:Seller Will Train
Seller Financing:$325,000.00 Down and $375K over 5 yrs. @ 6%.
Sale Reason:Retirement
Ad #45651
Seller Reference #23434
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Melvin L. Vaz
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