AWARD WINNING GIANT ITALIAN SUPERMARKET WITH SATELLITE STORE AND IMPORTANT CATERING BUSINESS
(FOOD , SUPERMARKETS , CATERING)
NORTHERN, NEW JERSEY
Listed Price: $ 6,000,000
Listing ID: XCNJ111080
Listing DetailsGross Revenue: $ 7,000,000
Cash Flow: $ 1,800,000
FFE: $ 1,000,000 (Included in Price)
Inventory: $ 500,000 (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABE
Reason for Sale:
RETIREMENT- ONE OF 2 PARTNERS MIGHT BE WILLING TO STAY ( NEGOTIABLE)
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE.
Listing SummaryBusiness Description:
THIS IS THE PREMIER AWARD WINNING ITALIAN MARKET IN ALL OF NEW JERSEY !
NORTHERN ITALIAN cuisine is known throughout the world for simple, traditional, Italian food using fresh, all natural, local ingredients.
At this Amazing Award Winning Company, the goal is to bring the quality and tradition of Italy to everything they sell, bake or prepare.
Italian cuisine is known throughout the world for simple, traditional, Italian food using fresh, all natural, local ingredients.
HERE, YOU WILL FIND THE BEST OF IT !
Ask anyone who has traveled to this Northern Italian region and they will agree that the components of these dishes are meticulously chosen and assembled to complement and accentuate one another.
Since 1997, The Company has been providing these same traditional values to their community.
You will find fresh, natural, and local produce and meats, skillfully prepared Italian dishes from Venice to Sicily, and the personal service you would expect from a family owned establishment.
.
Historical Summary:
IN BUSINESS SINCE 1997 - THERE IS NOTHING TO COMPARE TO THIS COMPANY IN ALL OF NEW JERSEY
Owner Qualifications:
FOOD BUSINESS EXPERIENCE
Competition:
HARDLY ANY AT ALL
Potential Growth:
TOTALLY UNLIMITED BY OPENING OTHER LOCATIONS AND ADVERTISING ON SOCIAL MEDIA
Financing/Terms:
NEGOTIABLE
LocationOption: YES
Lease Security: 10000
Monthly Rent: $ 23,000
Square Footage: 9000
Type of Location: Strip Mall
Facilities:
THIS IS AN AMAZING AWARD WINNING OPERATION.
THIS AMAZING BUSINESS IS LOCATED ON A MAJOR SHOPPING STRIP ON A MAJOR HIGHWAY IN AN UPPER MIDDLE CLASS TOWN.
JUST BY WALKING IN -YOU WOULD THINK YOU ARE IN FLORENCE, ITALY.
THERE IS 9000 SQUARE FEET OF SHEER HEAVEN WHEN IT COMES TO REAL ITALIAN FOOD.
THEY HAVE EVERY TYPE OF FOOD IMAGINABLE- MUCH OF IT IMPORTED DIRECTLY FROM ITALY.
IN ADDITION IT HAS THE MOST PROFESSIONAL ITALIAN KITCHEN AND CATERING DEPT.
THEY ALSO HAVE A 2000 SQUARE FOOT SATELLITE STORE IN ANOTHER BEAUTIFUL TOWN.
OperationYear Established: 1997
Days & Hours of Operation: 8-7 MON -SAT 8-4 SUN
Owner Hours: 40
Employees: 50
Managers: 4
Absentee Owner: No