Well Known, VERY BUSY European Market & Deli with Beer & Wine

Fairfax County, VA

Seller Financing Available

Neat, Clean & Ready to Work!
Asking Price:$575,000
Gross Revenue:$1,800,000
Rent:$7,900/Month
Cash Flow:$270,000
Inventory:$160,000
Established Year:1962
BUSINESS DESCRIPTION

Established in 1962, the market is a cherished institution in Northern VA, renowned for its authentic European cuisine and specialty products. This family-owned business has built a loyal customer base over four decades and is well-known for its commitment to quality and traditional recipes.


DETAILED INFORMATION
Location
Fairfax County, VA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,779
Employees
12
Facilities
Location: Prime location in NOVA, in a bustling community in Northern Virginia with strong residential and commercial demographics. Reputation: Highly regarded for its authentic European dishes, including schnitzels, sausages, pretzels, and a variety of imported cheeses, meats, and groceries. Inventory: Extensive inventory of imported products, providing a unique offering not readily found in typical grocery stores. Established Supplier Relationships: Long-standing relationships with reputable Import suppliers ensure a consistent and high-quality product
Competition
Dining Experience: Cozy and inviting dining area with a warm ambiance, offering a unique dining experience that keeps customers coming back. Online Presence: Established online presence with a dedicated website and social media profiles, providing additional revenue streams through online orders and catering services. Loyal Customer Base: Strong community ties and a loyal customer following, including regulars who have been patrons for decades. Lease: Favorable lease terms with the option to negotiate renewals.
Growth & Expansion
Opportunities for Growth: Expansion of Online Sales: Enhance online sales and delivery options to capitalize on the growing demand for gourmet and specialty food products. Catering Services: Increase focus on catering services for corporate events, private parties, and local festivals. Local Marketing: Implement targeted local marketing campaigns to attract new customers and increase foot traffic. Menu Expansion: Introduce new European specialties or themed events to diversify offerings and attract a wider customer base.
Financing
Partial Owner Financing available to "WELL QUALIFIED" purchaser
Support & Training
Owner willing to provide training and support during the transition period to ensure a smooth handover. Financial Details: Revenue: Stable revenue with growth potential through increased marketing efforts and expanded catering services. Profitability: Financial records available for serious inquiries. The business has shown consistent profitability over the years.
Reason for Selling
The current owners have decided to retire after successfully operating the busin
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Stephen
Soriano
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Stephen Soriano