Italian Specialty Food Market & Deli - 36891

Financing

$500,000 Down and $335k for 48 months @ 8%

Business Description

A rare opportunity to acquire a thriving Italian gourmet food market and delicatessen with a loyal customer base and outstanding reputation. This well-established business is known for its authentic housemade sandwiches, handcrafted sausages and salamis, and a wide variety of imported Italian goods including pastas, sauces, cheeses, cured meats, olives, and specialty pantry items. Located in a high-traffic, sought-after shopping district, the store benefits from strong foot traffic, consistent repeat business, and a steady demand for catering. With gross revenue of approximately $2,100,000 per year (about $40,000 per week with 75% credit card sales) and a net income of $260,000, this turnkey operation is primed for continued growth. The asking price is $835,000, with owner financing available: $500,000 down and the remaining $335,000 financed over 48 months at competitive terms. This business may also qualify for SBA financing, offering additional opportunities for qualified buyers. This opportunity is ideal for a hands-on operator or culinary entrepreneur seeking a high-performing, reputable business in a vibrant area. Serious inquiries only. Please contact the broker, Peter Santella, at 516-250-6822 for more information.

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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.