SOLD! Gourmet Foods, Retail & Catering – High Income

Price: $840,000

Location: Faifield County

Industry: Retail

Listing ID: 12102022

SOLD! Well-known gourmet food shop with a huge selection of renown cheeses among other delicacies, high net income business. One look and it is clear to see that this business is a step above the usual salumeria, fromagerie or similar gourmet shop. Knowledgeable staff offer a wide variety of prime imported and domestic farmstead cheeses, a broad selection of the finest charcuteries, vacuum sealed fresh prime meats, assorted home-made prepared foods, and many artisanal products such as jams, spices, olive oils, chocolates and curated gifts.

The business has an attractive location in upscale Fairfield County, CT. on a well-travelled thoroughfare with private parking and easy access that keeps them busy year-round. There is an excellent opportunity to utilize space and expand distribution as well as further grow the catering business with a spacious kitchen. In addition to cut-to-order products, catering, platters, and gifts, the retail shop serves a daily variety of specialty sandwiches and mouth-watering grilled cheeses, soups, spreads and dips as well as offering scheduled educational classes. Highly successful business with several avenues to expand and grow, building on the business’s popularity and success

Business highlights:
• Beautifully renovated location.
• Excellent Branding
• Active Social Media Presence
• Loyal repeat and referral business.
• Strong location with private and street parking
• SBA Pre-Approved for Financing

Financials:
• Asking Price $840,000
• Annual Cash Flow $288,000
• Gross Revenue $1,125,000
• FF&E $150,000 (included)
• Inventory $114,000 (not included)

Business Details:
• Days & Hours: Tuesday to Sunday
• Employees: 3
• Monthly Rent: $4590/mo. 1100 sq ft plus 1000 sq ft lower level for storage, distribution.

Transaction Rationale:
Selling for other interests. The owner will provide support and training.

Listing Details

Operation

Location

Summary