This Offering Memorandum presents the opportunity to acquire a well-established European deli and specialty foods business located in the Tampa Bay market. The business operates from a professionally designed, well-laid-out commercial kitchen that is fully equipped with modern, predominantly near-new equipment, allowing for immediate continuation of deli operations as well as flexibility for restaurant, catering, or alternative food service concepts, subject to customary approvals.
In 2024, the business generated $966,663 in gross revenue and produced $182,487 in Seller’s Discretionary Earnings (SDE), reflecting strong, normalized owner-operator cash flow. The operation benefits from a highly favorable occupancy cost structure, with annual rent of approximately $37,392, representing roughly 3.9% of gross revenue, well below typical market thresholds for food service businesses.
For the period January 1, 2025 through July 31, 2025, the business generated $521,089 in revenue, with cost of goods sold of $285,808, resulting in a gross profit of $235,281. Total operating expenses for the period were $219,231, which includes owner salary of $59,184, producing net income of $16,050 for the period. These interim results reflect ongoing operations and provide additional insight into current performance, with owner compensation and discretionary expenses continuing to be normalized in the calculation of Seller’s Discretionary Earnings.
The business is offered at an asking price of $350,000, representing an aggressively priced, sub-2× SDE valuation, with approximately $30,000 of inventory included in the purchase price. The acquisition profile is highly SBA-friendly, supported by strong historical cash flow, favorable rent economics, and a turnkey operational setup that minimizes near-term capital expenditure requirements.
This opportunity is ideally suited for an owner-operator, first-time SBA buyer, or experienced food service operator seeking immediate income, operational flexibility, and a proven business model in a growing Tampa Bay market.