Italian Specialty Food Market & Deli
Business Description
LISTING ID # 36891
A rare opportunity to acquire a thriving Italian gourmet food market and delicatessen with a loyal customer base and outstanding reputation. This well-established business is known for its authentic housemade sandwiches, handcrafted sausages and salamis, and a wide variety of imported Italian goods including pastas, sauces, cheeses, cured meats, olives, and specialty pantry items. Located in a high-traffic, sought-after shopping district, the store benefits from strong foot traffic, consistent repeat business, and a steady demand for catering. With gross revenue of approximately $2,100,000 per year (about $40,000 per week with 75% credit card sales) and a net income of $260,000, this turnkey operation is primed for continued growth. The asking price is $835,000, with owner financing available: $500,000 down and the remaining $335,000 financed over 48 months at competitive terms. This business may also qualify for SBA financing, offering additional opportunities for qualified buyers. This opportunity is ideal for a hands-on operator or culinary entrepreneur seeking a high-performing, reputable business in a vibrant area. Serious inquiries only.
A rare opportunity to acquire a thriving Italian gourmet food market and delicatessen with a loyal customer base and outstanding reputation. This well-established business is known for its authentic housemade sandwiches, handcrafted sausages and salamis, and a wide variety of imported Italian goods including pastas, sauces, cheeses, cured meats, olives, and specialty pantry items. Located in a high-traffic, sought-after shopping district, the store benefits from strong foot traffic, consistent repeat business, and a steady demand for catering. With gross revenue of approximately $2,100,000 per year (about $40,000 per week with 75% credit card sales) and a net income of $260,000, this turnkey operation is primed for continued growth. The asking price is $835,000, with owner financing available: $500,000 down and the remaining $335,000 financed over 48 months at competitive terms. This business may also qualify for SBA financing, offering additional opportunities for qualified buyers. This opportunity is ideal for a hands-on operator or culinary entrepreneur seeking a high-performing, reputable business in a vibrant area. Serious inquiries only.
About the Business
- Years in Operation
- 40
- Employees
- 8
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will train
- Financing Options
- 500,000.00 Down & $335k for 48 months @ 8%
Listing Info
- ID
- 2399295
- Listing Views
- 225
Listing ID: 2399295 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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