Landmark Italian Gourmet Deli & Caterer

Asking Price$299,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,190,000

Inventory$3,500
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed

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Landmark Italian Gourmet Deli & Caterer


Asking Price$299,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,190,000

Inventory$3,500
Not included in asking price
FF&E$100,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 36577

Landmark Italian Gourmet Deli. In business for over 22 years. A steal at $299K! This business has a great reputation and brand that is well-known throughout the area. They are a full-service deli and caterer. This is a one-stop shop, where you can shop for gourmet prepared foods and a wide variety of Italian imports. The store is a spacious 2,000 sq. ft., with a full kitchen. There are 8 years left on the current lease, with an option to extend for a qualified buyer. In the past 12 months, the business grossed approx. over $1,190,000.00 with a cash flow of approx. $180,000.00. The owner will stay on for a month of training, if needed. The seller keeps all register "z-outs" and purchases to help verify sales. The business is fully-staffed with 6 F/T employees. The key employees have been working here for 17 years, or longer. We are seeking a serious and financially-qualified buyer with at least $199K in liquid funds, food service experience and management skills. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
About the Business
Years in Operation
22
Employees
6
Currently Relocatable
Yes
About the Sale
Seller Motivation
Divesting
Transition Support
Seller will train
Financing Options
199,000.00 Down & $100K over 4 yrs. @ 7.5%.
Listing Info
ID
2393475
Listing Views
226

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2393475 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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