Olive Oil & Gourmet Foods Business

Relocatable, MI

Asking Price: Annual Revenue:
$849,000 $1,107,491

Food & Beverage: Grocery & Food Stores

Request More Information
Contact the Seller

RE: Olive Oil & Gourmet Foods Business Broker: Small Business Deal Advisors
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $849,000
Annual Revenue: $1,107,491
Net Profit: Not Disclosed
Cash Flow: $286,057
Total Debt: Not Disclosed
FF&E: $127,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 10
BBN Listing #: 783945079
Broker Reference #: 807

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

This olive oil and gourmet foods business specializes in the sale of high-quality olive oil and balsamic vinegars. Every item in the store is hand selected with great intention in order to provide its customers with the most superior products on the market. The Company primarily utilizes private labeling for the products sold. This contributes to the exclusivity of the Company’s product line and allows the Company to maintain a loyal customer base.

The Company’s staff are educated in both the Company’s product lines and flavor pairings. Customers are welcome to shop the storefront, taste samples, and interact with the staff to gain advice on cooking, healthy eating skills, and flavor pairings. The Company features two storefronts located in high traffic, tourist areas. The Company also boasts a large social media following.

Current ownership is semi-absentee, performing limited administrative, accounting, and marketing duties remotely. New ownership could choose to have a more active role in the business or allow current management to continue running the business. Ownership is seeking to sell in order to pursue retirement.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK OR A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email us and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Two facilities. Both are leased out by an unrelated third party. 2,500 square feet & 3,800 square feet. $1.21/ Square Feet/month & $0.82/Square Feet/month.

Market Competition and Expansion:

Investment Highlights Include: (1) Recent Expansion & Renovations: One location recently doubled in size. Both locations were recently renovated. (2) High Quality Products: The Company works diligently to discover and offer only the highest quality products available on the market. (3) Strong Online Presence: Newly updated website and large social media following. Growth Opportunities: (1) Open a Third Location (2) Increase Online Sales

Reason for Selling:

Ownership would like to pursue 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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!