Italian Gourmet Market, Convenience Store And Stationery
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 Yes
Year Established 1984
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Italian Gourmet Market, C-Store and Stationery. This 5,500 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. The business is located on 2.7 acres and the landlord will offer a 10 year lease or more to a qualified buyer. The 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 the criterion, call or email Mel Vaz today at 631-909-1095
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