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Financing: $400,000.00 Down and $350k for 48 months @ 8% Reason for Selling:Retirement 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.
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. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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