Gourmet Deli Market In Florida For Sale

Business description

This is a very well known gourmet deli market for sale located on visible commercial strip in a high end part of Palm Beach County surrounded by wealthy repeat customers and growing residential neighborhoods. Established for twelve years by current owner (who is retiring), the 2,000 sq ft deli/market (with seating for 20) has lunch and dinner selections including salads, chicken, soups,pasta, veggies, subs, and extensive wine selection. Catering constitutes 20% of sales. Seller states annual gross sales to be $840K and annual net to be $312K. No marketing currently being done - all business from reputation, word of mouth, and visibility. Owner owns plaza (other units rented) and will sell both plaza and business for $2.4M. Asking price of business is $499K with $300K down to right buyer. Inventory of $25K and recent leasehold improvements of $75K included.

Property information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

retirement

Employees:

6

Years established:

12

Other information

Support & training:

two weeks

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

will contact $300K down

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$25,000 (included in the asking price)