Italian Grocery & Deli Specialty Shop - MontCo

Not Disclosed, PA
Montgomery County

Asking Price: Annual Revenue:
$160,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Grocery & Deli Specialty Shop - MontCo Broker: Johanne Sharp Sermania

Quick Facts

Asking Price: $160,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 546154395
Broker Reference #: 64646-554142

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Business Overview:

Bright, fresh and well positioned in an active shopping center. Newer Italian grocery and deli store in the heart of an upscale family-oriented neighborhood in Montgomery County. Originally established in 2012, the business was bought by current owner last year after the original owner's death. Strong repeat customer base push current sales to $780,000 this year. Prepared foods has significant room to grow as does catering and tomato pies. Business is fully staffed and owner does not work full time at this location. Add delivery and establish a strong marketing/advertising program for additional sales. Equipment value is in excess of $50K and free and clear. Inventory at $10,000. Ten year lease with five year option gives this business continued staying power in this terrific location. Large retail store at about 3,500 square feet plus full basement for storage. Open 7 days a week. Partial seller financing considered for qualified buyer. Call Johanne Sermania or email us to discuss this unique opportunity.

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Reason for Selling:

Other business interests.

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.

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