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Business for Sale Summary

Gourmet Grocery Store for sale in NY - 29474

Business Type: convenience store,gift basket companies,green grocers / fruit sellers,health/beauty/nutrition supply,other food stores,seller financing available,gift and specialty retail
Gourmet Grocery Store for sale in NY
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This business has received 212 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $229,000 Down Payment $150,000
Gross Revenues $379,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and

Business Description

Turnkey! Rare Opportunity for centrally located storefront in bustling Village prime location! Perfect opportunity to own this well established retail business (brick & mortar) with many private labeled products, robust proprietary website (online store) and actively growing "membership club". Since 2012, this well-appointed gourmet foods' boutique shop has enjoyed an upscale recurring customer base and still growing! Shopping online has become more popular than ever. Both retail store and website have experienced a substantial increase in business since 2020 due to pandemic and continues to grow based on combination of local, repeat, remote & metro customer base. Long Island East End's only culinary tasting room featuring an extensive array of private labeled premium olive oils & balsamic vinegars, specialty foods, cocktail & martini products, seasonings, herbs & sea salts. Located on prime corner of vibrant bustling harborfront village with heavy foot traffic & year round business. Upscale customer demographic includes Long Island's North Fork, Hamptons, Metro NYC, Westchester, NJ, Pennsylvania, Connecticut, Rhode Island, Massachusetts, and New England Rare Opportunity for centrally located storefront in bustling Village prime location! Lease thru 2024 with renewal option Seller will train the new owner with onsite support and training Price includes all storefront tables, displays, equipment, entire product line including branded products, inventory, website acquisition, and retail-online customer base of 4,500 INCLUDED: Furniture / Fixtures value: $35,000

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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.