Business For Sale

Gourmet Italian Market - 22691

Long Island - Nassau County, NY
Nassau County


Asking Price: Annual Revenue:
$660,000 $1,428,455

Food & Beverage: Convenience Stores


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RE: Gourmet Italian Market - 22691 Broker: Marie Goldstein
Owner Financing is Available!
$500,000 Down & $160,000 over 5 years at 6%.

Quick Facts

Asking Price: $660,000
Annual Revenue: $1,428,455
Net Profit: Not Disclosed
Cash Flow: $320,195
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 5
BBN Listing #: 24054447
Broker Reference #: 22691

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Business Overview:

Beautiful, clean, Italian Gourmet Market in prime Nassau county neighborhood. Attractive, highly visible corner location, 3900 sq ft plus clean, tiled/shelved basement. Highly profitable with gross sales in excess of $1.3 million. Must be seen to appreciate variety of revenue streams and appeal of sales area - (catering, gourmet Italian products, grocery, cafe & pastries, grocery, meats & prepared foods). Seller financing and favorable lease terms for qualified buyers. Seller states steady 15% increase in business last year alone.

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Property Features and Assets:

Attractive, highly visible corner location, 3,900 sq. ft. plus clean, tiled/shelved basement.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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