Owner Financing is Available!
Business Overview:
This is a very well known gourmet deli market for sale located on visible commercial strip in a high end part of Palm Beach County surrounded by wealthy repeat customers and growing residential neighborhoods. Established for twelve years by current owner (who is retiring), the 2,000 sq. ft. deli/market (with seating for 20) has lunch and dinner selections including salads, chicken, soups,pasta, veggies, subs, and extensive wine selection. Catering constitutes 20% of sales. Seller states annual gross sales to be $840K and annual net to be $312K. No marketing currently being done - all business from reputation, word of mouth, and visibility. Owner owns plaza (other units rented) and will sell both plaza and business for $2.4M. Asking price of business is $499K with $300K down to right buyer. Inventory of $25K and recent leasehold improvements of $75K included.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: