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Accommodation & Food Services

Established 50 Years Italian Deli And Gourmet Market

Essex County, NJ, USA
Updated 169 days ago

Business Description Asking Price: $275,000 Gross Revenue: $500,000 Cash Flow: $100,000 Inventory: Included Established: 1975 Employees: 4 Reason for Selling: Retirement Business Description This is a beloved Italian deli and gourmet market located in the heart of Essex County, New Jersey. With over 50 years of operation, this family-owned business has built a loyal customer base by offering authentic imported Italian specialties, fresh daily-made mozzarella, a wide variety of premium meat products, and an extensive selection of Italian imports including pasta, cheeses, olive oils, cookies, chocolates, torrone, beverages, and housewares. The store serves delicious lunch options such as sandwiches, provides full catering services for events, and creates custom gift baskets for any occasion. Known for its high-quality products at affordable prices, Emphasizes freshness and authenticity, with special meat products available for advance orders and holiday specialties offered year-round. This turnkey opportunity includes a prime location with strong community ties and consistent revenue from both retail and catering streams. Key Highlights

Employees

4

Real Estate

Lease

Trading Hours

Operating hours Mon-Sat 8:30 AM to 6:00 PM (closed Sundays).

Management Type

This business is owner operated.

Premises Details

The business occupies a well-maintained retail space in a vibrant business district. The facility includes display cases for meats and cheeses, shelving for imported goods, preparation areas for fresh mozzarella and sandwiches, and storage for inventory. All equipment—such as refrigerators, slicers, ovens, and display units—is included in the sale price and is in good working condition. The seller, who owns the building, is offering a favorable new 10-year lease to the buyer, providing long-term stability.

Years Established

50

Support & Training

Owner Will Stay On For 30 Days Of Training

Expansion Potential

Significant opportunities exist to expand this already profitable business. Potential strategies include: • Online Presence: Develop an e-commerce platform to sell Italian imports and gift baskets nationwide, tapping into the growing demand for specialty foods. • Catering Expansion: Increase marketing for catering services to target corporate events, weddings, and local schools, potentially boosting revenue by 20-30%. • Product Diversification: Introduce new lines such as ready-to-eat meals, organic options.

Competition / Market

Essex County area host several delis and Italian markets. However, this business differentiates itself through its 50-year history, exclusive focus on authentic Italian imports, in-house fresh mozzarella production, and comprehensive catering and custom basket services. This unique combination fosters strong customer loyalty and positions the business as a go-to destination for premium, affordable Italian specialties.

Inventory / Stock Value

$20,000

Reason for Selling

Retirement

Financials

Asking Price
$275K
RevenueMost Recent Year
$500K
Earnings (SDE)Last Reported
$100K
Assets ValueNot Included in Asking Price
$100K
Seller Financing
No

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