LISTING ID # 36041
Italian Gourmet Market. Est. 1948! Price Reduced. This 2,500 sq. ft. store has it all. Family owned and operated, they are a landmark in the community. They offer a full line of Gourmet Italian Specialties, hot and cold foods and a butcher shop. Catering for any event from 5 to 500 guests and much, much more. In the past year gross sales have averaged $17,500/wk or apprx $910,000 for the year. An owner/manager would see a cash flow of approx. $78,000 or more. The current owner has moved on to bigger opportunities and no longer has time to be here. The landlord will offer a well-qualified buyer a 10 year lease (5 plus 5) with a rent of $6,000/mth. The store is 2,500 sf with a full 2,500 sf basement. It offers an immaculate, full-kitchen, including hood system. You can keep the current concept or bring in something entirely new. It would cost you over $300K to build a space like this today. We are seeking a serious and financially qualified buyer with at least $159K in liquid funds. Proof of funds will be requested prior to meeting with the owner. All site visits must be discreet.
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