Landmark Italian Gourmet Deli & Caterer
Asking Price: | $299,000 |
Gross Revenue: | $1,190,000 |
FF&E: | $100,000 |
Cash Flow: | $180,000 |
Inventory: | $3,500 |
Established Year: | 2002 |
LISTING ID # 36577
Landmark Italian Gourmet Deli. In business for over 22 years. 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!
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