Seller's Contact Information

  • RE:  Historic Italian Market Extraordinaire
  • Contact:  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: $0
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: 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 homebased business opportunity.
  • This is not a franchise resale opportunity

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Read More
Cash Flow $280,000
Revenue $789,362

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