Gourmet/Specialty Food Retailer

Marietta, GA
Cobb County

Atlanta Metro West


Asking Price: Annual Revenue:
$610,000 $445,744

Food & Beverage: Grocery & Food Stores


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RE: Gourmet/Specialty Food Retailer Broker: Michael Golkin

Quick Facts

Asking Price: $610,000
Annual Revenue: $445,744
Net Profit: Not Disclosed
Cash Flow: $130,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 120563617
Broker Reference #: 135

Email or Print Listing

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Business Overview:

Unique opportunity to own a thriving gourmet specialty retail store that offers a unique and wide selection of essential extra virgin olive oils, aged balsamic vinegars, seasonings and gourmet accessories. The shop carries a vast selection of award-winning extra virgin olive oils imported directly from farms located in Italy, Spain, Morocco, Greece, Chile, California. In addition, the shop offers unique custom specialty gourmet food baskets, prepared and packaged on-site that are ideal for gifts, weddings, birthdays, corporate events or special occasions. This shop also has a fully built-out kitchen where the owner offers cooking workshops and hosts private functions. There is no business similar to this in the Atlanta area. The shop has won the Best Self Atlanta and Best of Georgia awards in 2020 and 2021.

This shop is located in an affluent community in a power retail center along a high traffic road. The shopping center is an ideal blend of local and franchise tenants including numerous big box retailers.

The business focuses on high-quality style, sophistication, and attentive service. Customers and clients proudly shop for products that are unlike anything found in other establishments.

The customer mix is mostly walk-in retail sales so a new owner can quickly increase revenues by growing online sales and adding wholesale accounts.

For more information call Michael Golkin at 404-903-8553.

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Property Features and Assets:

Located in a power retail center with a high traffic count and visibility. Real Estate: Leased Square Feet: 1625 Rent: $4551.25 per month plus $1056.13 CAM per month Lease Expiration: October 31, 2024 Options: One (1) additional period of five (5) years “Option Period” as recited in the Second Amendment to the Leaser Agreement The owner has carefully selected the furniture, fixtures and equipment from many local businesses to create a unique retail atmosphere and fully built out kitchen/café area used for cooking classes, wine tastings and private events. The new suite was built-out in 2019. The retail area includes: custom made spice table, 10 Fusti tables, 2 Spice Hutch cabinets, butcher block cash wraps, bottling machine and much more. The kitchen and dining area include: stand up wine fridge, 36 inch induction cooktop, 36 inch counter depth French door refrigerator, 20.7 cubic foot stainless steel wall oven, microwave, fully intergrated integrated dishwasher, 3 compartment sink, fume hood, 7.5 HVAC unit and much more. A detailed list of furniture, fixtures and equipment is available. The total cost of the build-out is $155,167.66 and FF&E is $126,841.00

Market Competition and Expansion:

This business is well positioned for a new owner to significantly increase sales. Huge opportunity to add wholesale accounts and increase sales to local businesses. A new owner can also implement base advertising such as enhancing the website to grow online sales orders. New ownership can also network to develop relationships with local business owners, hotels and event/wedding planners to expand event sales.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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