Business Overview:
Retail and Wholesale Pasta and Ravioli Business for sale. For over 40 years this business has been serving Long Island's private residents and business owners with retail and wholesale pasta, raviolis, and Italian specialties. They offer a 3000 sq. ft. retail store, over 50 wholesale accounts, and catering. This is a currently part of a franchise, but it can be operated as a non-franchised business as well. In the past 12 months this business has grossed approx. $675,386.00 ($392,385 - Retail, $55,099 - Catering, and $227,902 - Wholesale) with a Net Income of approx. $211,000.00. It is a steal at only $399K. The current owner has been here for 14 years and is looking to retire. ALL NUMBERS ARE VERIFIABLE. THE SELLER KEEPS IMPECCABLE RECORDS! The sales includes a delivery van. We are looking for serious and qualified buyers with industry experience. Please be prepared to provide proof of at least $399K in liquid capital prior to meeting the owner.
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:
Owner is retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
Resources: