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High Volume Italian American Delicatessen In New York For Sale

New York, US
Asking Price:
$650,000
Sales Revenue:
$2,000,000
Cash Flow:
$300,000

LISTING ID # 35129

High Volume Italian American Delicatessen. Over 45 years in business! They are highly regarded with great reviews! This is “THE PLACE” for the local neighborhood and several surrounding towns. They have the numbers to prove it. In the past year the business grossed approx. $2,000,000.00 with an owner’s cash flow of approx. $300,000.00. There are not many places that can boast numbers like this. It is a traditional Italian deli making all the classics, plus catering and delivery. The owner is finally ready to retire. You must come visit discreetly and taste for yourself. The seller may consider seller financing for a well-qualified buyer with food service experience, good credit and collateral. We are seeking a serious and financially qualified buyer with at least $500K in liquid funds to cover a down payment, deposits and working capital. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more please contact the broker Mel Vaz.

Business Operation

Reasons for selling:

Retirement

Employees:
10 FT/2 PT
Years established:
45

Other Information

Support & training:

Seller will train

Inventory / Stock value:
$35,000