Historic Italian Market Extraordinaire

New Haven, CT
New Haven County

sought-after desirable neighborhood

Asking Price: Annual Revenue:
$329,000 $100,000

Food & Beverage: Grocery & Food Stores

Request More Information
Contact the Seller

RE: Historic Italian Market Extraordinaire Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $329,000
Annual Revenue: $100,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $325,000
Real Estate: CT
Year Established: 1986
Employees: Not Disclosed
BBN Listing #: 196433937
Broker Reference #: It market

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This is an exceptional rare opportunity to own a high grossing Italian iconic market established over three decades in a coveted neighborhood densely populated with apartments, multifamily households and student housing with year round grad students. This was the areas original gourmet grocery that offers Italian delicacies from the Old Country, local/seasonal foods as well as catering, subs, and prepared meals. To have a shot to own a business of this caliber doing the business it does in a location like this for a price like this is absurd, this is a must see call now!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

3,800 legendary square feet, mere $4,800 gross rent (includes property tax & insurance) plus utilities, celebrated reputation, thriving Italian market/deli/prepared foods/catering established over three decades, opened first store 1976, popular money making patio, long term lease available, exemplary AAA location, sought-after desirable neighborhood, open 7 money making days 7am to 6 pm, tremendous upside potential, full basement, full money making full kitchen with ample refrigeration.

Market Competition and Expansion:

Competition: Incredible money making location. Growth & Expansion: Spruce this one up and with more aggressive marketing and with renewed energy and more hands on management will bring this one back to days of old

Reason for Selling:

At long last retiring.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!