Gourmet Works of Los Altos, Priced to Sell

Santa Clara County, CA
Santa Clara County

Asking Price: Annual Revenue:
$75,000 $479,000

Food & Beverage: Convenience Stores

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RE: Gourmet Works of Los Altos, Priced to Sell Broker: Helen Liu
License #: 01229641

Quick Facts

Asking Price: $75,000
Annual Revenue: $479,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 3
BBN Listing #: 236459822
Broker Reference #: CAMPBCA001-N510

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Business Overview:

Established Los Altos location selling high quality and specialty chocolates, candies, coffee’s, teas, specialty foods and giftware. Currently selling online with sales reaching $9000 per week using third party delivery and pick up at the shop’s door.Gourmet Works comes with an assumable contract with the independent manufacture of the custom chocolates and licensing of the name Gourmet Works.All assets are to be sold as is. No debt will be assumed by the buyer. Seller will carry note with 50% down.Retail is closed to the public during Covid-19 social distancing orders.

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Property Features and Assets:

Real Estate License ID: 01229641

Reason for Selling:

Distressed business due to Covid-19

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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