Business For Sale

Historic Italian Market Extraordinaire

New Haven, CT
New Haven County

sought-after desirable neighborhood


Asking Price: Annual Revenue:
$349,000 $1,250,000

Food & Beverage: Grocery & Food Stores


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

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,250,000
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

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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!

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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: New aggressive marketing plan along with renewed energy and more hands on management.

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.

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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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