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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