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Business for Sale Summary

Gourmet Deli & Caterer -*PRICE REDUCED* - 30982

Business Type: delicatessen/catering services,general merchandise store,other eating & drinking places,other food stores,best deals!,must sell/drastic price reduction!,new to market,seller financing available,restaurant/ cafes
Gourmet Deli & Caterer -*PRICE REDUCED*
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Financial Information (non-confidential)

General Information
Asking Price $419,000 Down Payment $300,000
Gross Revenues $876,212 Lease Remaining Register Free to View
Owner’s Cash Flow $228,383 Number of FT Employees Register Free to View

Financing

$300,000 Down and $119K over 4 yrs. @ 6%.

Business Description

Landmark Italian Gourmet Deli *PRICE REDUCED* In business for over 18 years. 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 spot, 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 15 years (10 5) left on the current lease. In the past year, the business grossed approx. over $889,012.00 with a cash flow of approx. $225,000.15. 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 $300K in liquid funds and management skills. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. kg

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.