Landmark Italian Gourmet Deli & Caterer
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Landmark Italian Gourmet Deli & Caterer
LISTING ID # 36577
Landmark Italian Gourmet Deli. In business for over 22 years. A steal at $289K! 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 12 years left on the current lease, 2 plus 5 plus 5. In the past 12 months, the business grossed approx. over $1,220,000.00 (higher than last year) 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!
Landmark Italian Gourmet Deli. In business for over 22 years. A steal at $289K! 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 12 years left on the current lease, 2 plus 5 plus 5. In the past 12 months, the business grossed approx. over $1,220,000.00 (higher than last year) 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 Full-time
About the Sale
- Seller Motivation
- Divesting
- Transition Support
- Seller will train
- Financing Options
- 199,000.00 Down & $90K over 4 yrs. @ 7.5%
Listing Info
- ID
- 2539557
- Listing Views
Listing ID: 2539557 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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