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- RE: Revere~Prepared Meals, Italian Specialties Deli
- Contact: Dennis Serpone
- License #: 70243
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | $180,000 | |
Cash Flow: | $180,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 5 | |
BBN Listing #: | 984863 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Revere[area...MEATS AND DELI, PIZZA AND CATERING…with valuable REAL ESTATE...no seating...pick-up and delivery...so easy.
ASKING: $700K + Fair Market Value for the real estate by independent appraiser. SBA financing readily available with 10% down.
SALES VOLUME: $1.8M/yr….$34K/wk.
SQUARE FOOTAGE: business: approx. 2,900 sf…lot is approx.20,000 sf.
HOURS OF OPERATION: 6 days…mostly 9 am – 4 pm
COMMENTS: This is truly the best Italian specialty market in the area… prepared meals, pizza,deli sandwiches and bakery items. Loaded with excellent equipment, 3 walk-in refrigerators and freezers. 21 pkg. spaces. 100,000 cars go by your door every day.
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Property Features and Assets:
Valuable Real Estate Available at Fair Market Value...presently the real estate is being appraised.
21 pkg. spaces.
Town sewerage
Market Competition and Expansion:
Nothing at all in the area like this concept... This family has been in this business for years and years.
Reason for Selling:
RetiringAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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