Retail Shop Ready-To-Go Italian Meals, Homemade Pasta, Deli/Sandwich.

Asking Price$150,000

Cash Flow
$67,400

EBITDA$26,460

Gross Revenue$229,947

Inventory$7,900
Included in asking price
FF&E$76,600
Included in asking price
Italian Food Products & Deli ShopSave

Retail Shop Ready-To-Go Italian Meals, Homemade Pasta, Deli/Sandwich.


Asking Price$150,000

Cash Flow
$67,400

EBITDA$26,460

Gross Revenue$229,947

Inventory$7,900
Included in asking price
FF&E$76,600
Included in asking price

Seller Financing Available
Business Description
This is the Business and Asset Sale of an original and authentic South Philly Italian pasta products, deli and sandwich shop. Opened in 1976 and relocated in 2010 to a prominent regional retail strip center on Cross Keys Road in South Jersey, the owners have decided to retire and pass on their famous shop to a new owner who can continue to grow the business and product offering. The shop features prepared, ready to go Italian food including pasta, ravioli, spaghetti, linguini, fettuchini, fresh mozzarella, imported cheese, specialty red and white sauces, gnocchi, homemade Italian prepared frozen and heat/serve meals, specialty delicatessen meats and cheeses and popular meal condiments including olives, mushrooms, peppers and dips. Retail walk-in shop traditional countertop deli services, self serve chiller units with ready-to-heat meals, and made to order hoagies and salads. Virtually every pasta, prepared meals and sauces are made on premises in an expansive, extensively equipped kitchen and prep rooms feature authentic, traditional pasta presses and spaghetti machines. Two walk-in freezers and refrigerators, numerous prep table and room with enough capacity to operate a large banquet and event catering business. This sale includes a turn-key ready to open and operate shop with an extensive list of intellectual property (menus, processes, recipes and methods passed down from generational family Nonas and cooks). Owners willing to train and educate a new buyer in their unique and traditional ingredients, methods and techniques to create regionally famous dishes and pasta products. A once in a lifetime opportunity to own and operate and authentic Italian retail and wholesale store business.
About the Business
Years in Operation
49
Number of Employees
2
Facilities & Assets
The shop is in a prominenent retail strip center. The in-line retail space features walk-in service is via traditional countertop ordering and checkout self serve chiller units, or made to order hoagies and salads. Virtually every pasta and prepared meals and sauces are made on premises in an expansive, extensively equipped kitchen and prep rooms feature authentic, traditional pasta presses and spagetti machines. Two walk-in freezers and refrigerators, numerous prep table and room to operate a large banquet and event catering business.
Website
https://creresources.notion.site/om-matteos-pasta-products
Market Outlook / Competition
Exceptional regional location with high traffic counts in the area. Know in the market as a staple for over 40 years, this pasta product, sandwich and hoagie shop has maintain a consistent and commanding marketshare during it's entire history. Annual increases in revenue supported by a loyal local customers and a strong demand for catering and pickup/delivery services. Market demand for Italian food and products is significant in both S. Philly and S. Jersey which drives customers to this unique retail/wholesale shop.
Opportunities for Growth
Continued growth can be realized by the growing demand for catered parties and events, frozen Italian deserts, expanded homemade pasta products and the need for staple hoagies and party sandwiches.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$5,264.00 per month
Lease Expiration
12/31/2025
About the Sale
Seller Motivation
Owner is Retiring and moving out of the area.
Transition Support
This sale includes a turn-key ready to open and operate shop with an extensive list of intellectual property (menus, processes, recipes and methods passed down from generational family cooks). Owners willing to train and educate a new buyer in their unique and traditional ingredients, methods and techniques to create regionally famous dishes and pasta products.
Financing Options
Seller is willing to finance 30% of the agreed price of the business over 3 years, at
Listing Info
ID
2390053
Listing Views
238

Contact Seller

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Business Listed by: Mark Mueller CRE Resources, LLC

Listing ID: 2390053 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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