Gourmet Deli | $1.22M Sales | $160K Cash Flow | 22 Years - 36577

Financing

$199,000 Down and $76k over 4 yrs @ 7%

Business Description

LANDMARK ITALIAN GOURMET DELI

PRICE REDUCED TO $275,000! | $1.22M Revenue | $160K Cash Flow | 22 Years Established | 12 Years Remaining on Lease

RARE OPPORTUNITY TO ACQUIRE A WELL-KNOWN, LONG-ESTABLISHED ITALIAN GOURMET DELI & CATERING BUSINESS!

Price Reduced to just $275,000! After more than 22 years in business, this highly regarded Italian gourmet deli has built a strong local reputation, loyal customer following, recognizable brand and multiple sources of revenue.

The business combines a busy full-service deli, gourmet prepared foods, catering and a wide selection of imported Italian specialty products, creating a true one-stop destination for customers seeking quality Italian food and products.

STRONG FINANCIALS

• Approximately $1,220,897 in gross revenue over the past 12 months
• Approximately $160,000 in cash flow
• Asking Price: ONLY $275,000 — Recently Reduced!
• Attractive opportunity for an experienced food-service operator to acquire an established business at a fraction of annual sales
• Seller maintains historical register Z-outs and purchase records to help substantiate sales
• Clover POS system installed approximately 10 months ago

ESTABLISHED FOR MORE THAN 22 YEARS

This is not a start-up opportunity — the business has been serving the community for over two decades and has developed a strong reputation and loyal customer base.

The operation offers multiple revenue streams, including:

• Full-service Italian deli
• Gourmet prepared foods
• Catering
• Italian imported specialty products
• Takeout and prepared meals
• Custom food orders and special events

TURNKEY OPERATION WITH EXPERIENCED STAFF

The business operates from a spacious approximately 2,000-square-foot location with a full commercial kitchen, providing the infrastructure needed for both retail and catering operations.

The business is fully staffed with six full-time employees, including key employees who have been with the company for 17 years or longer.

That depth of employee tenure is a major advantage for a new owner and provides valuable institutional knowledge, customer relationships and operational continuity.

LONG-TERM LEASE

The buyer will benefit from approximately 11 years remaining on the current lease, structured as 1 5 5 years, providing long-term occupancy security in an established location.

SIGNIFICANT GROWTH OPPORTUNITIES

A new owner could potentially increase revenue and profitability by:

• Expanding catering and corporate catering
• Increasing delivery and online ordering
• Expanding prepared-food offerings
• Growing Italian specialty/imported product sales
• Adding holiday and special-event catering packages
• Increasing marketing and social-media exposure
• Developing relationships with local businesses, schools and organizations
• Leveraging the existing kitchen for additional production

The existing operation provides a strong platform for an experienced operator to build upon.

SELLER TRANSITION SUPPORT

The owner is willing to provide approximately one month of training and transition assistance, if needed, to help the buyer become familiar with the operation, vendors, employees and day-to-day procedures.

IDEAL BUYER

This opportunity is particularly well suited for:

• An experienced deli, restaurant or catering operator
• An Italian food professional looking to own an established business
• An owner/operator seeking a proven business with an established customer base
• A food-service entrepreneur looking to expand into catering and prepared foods
• A qualified buyer seeking an established operation rather than starting from scratch

BUYER REQUIREMENTS

Serious and financially qualified buyers only.

• Minimum $199,000 in liquid funds required
• Food-service experience and management skills preferred
• Proof of funds required prior to owner meetings
• NDA required for confidential business information
• All meetings strictly by appointment
• Discreet site visits required — prospective buyers must not speak with employees, customers or anyone at the location

For additional information or to schedule a confidential appointment:

Mel Vaz
631-767-0157
melvaz@vestedbb.com

All meetings are by appointment only. Proof of funds required.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.