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Businesses For Sale   >>   Grocery and Supermarkets Businesses For Sale

Italian Gourmet Market For Sale

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1900000
Net Profit / Cash Flow  $272981
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1985
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will train
Reason for Sale  Retirement

Description  
Italian Gourmet Market, Convenience Store and Stationery. This 5,500 sq. ft. store has it all. Family owned and operated for 28 years, they are a landmark in the community. They offer a full line of Gourmet Italian Specialties, hot and cold foods, prepared foods, a full butcher shop, convenience items, stationery items, produce, LOTTO, Catering for any event from 5 to 500 guests and much, much more. In 2011 Gross Sales were approx. $1,900,000.00 with a Net Income of approx. $270,000.00. The owner is looking to retire. Located on 2.7 acres and the landlord will offer a 10 year lease or more to a qualified buyer. Sale includes 2 delivery vans. We are looking for a serious and financially qualified buyer with at least $500K in liquid capital to cover the down payment, inventory (approx. $100K in addition to the asking price), deposits and working capital. Any buyer must have previous deli, butchering, or supermarket experience. If you meet this criteria please call your local Vested Business Broker, Mel Vaz, at 1-877-735-5224.


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