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  • RE:  Premium Olive Oil & Balsamic Vinegar Store
  • Contact:  Larry Swanson

Quick Facts

Asking Price: $299,000
Annual Revenue: $312,848
Net Profit: Not Disclosed
Cash Flow: $113,480
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 991130
Broker Reference #: 70081-456144

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Business Overview:

Are you passionate about gourmet flavors and premium-quality ingredients? This established olive oil and balsamic vinegar retail and online store is a golden opportunity for entrepreneurs looking to step into a thriving industry. This charming store is renowned for its premium olive oils, aged balsamic vinegars, artisanal cheeses, and an array of gourmet food items, drawing a loyal clientele of food enthusiasts, health-conscious consumers, and gourmet chefs. Invest in a beloved local treasure and bring your passion for gourmet foods to life in a thriving, community-focused environment. Seize the opportunity to expand on an already successful foundation and enjoy the benefits of owning a business that truly stands out in the competitive gourmet food market.

Why This Business?
- High-Quality Products: Featuring the finest **extra virgin olive oils** and **aged balsamic vinegars** sourced from top producers.
- Loyal Customer Base: Beloved by both locals and online shoppers who appreciate premium flavors.
- Multiple Revenue Streams: Profitable **brick-and-mortar retail** and **e-commerce platform** ensure steady income.
- Prime Location: Situated in a high-traffic area with strong footfall and repeat customers.
- Growth Potential: Expand product offerings, introduce tasting events, and enhance digital marketing to scale the business further.

Business Highlights:
- Turnkey Operation: Fully equipped store with an established brand and online presence.
- Diverse Product Line: Includes gourmet olive oils, balsamic vinegars, artisan foods, and specialty kitchen items.
- Strong Online Sales: E-commerce platform with a loyal customer base and digital marketing strategy.

This is a rare opportunity to own a profitable, well-established gourmet store with a strong brand and loyal clientele. Whether you're an experienced entrepreneur or a food enthusiast looking to turn passion into profit, this business is ready for success!

Contact us today to learn more and take the next step toward owning this incredible business!

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Property Features and Assets:

The business is a family-owned business specializing in imported olive oils, aged balsamics, a plethora of gourmet foods, and a unique blend of personal and corporate gifts. It was founded in 2010 inside the owner's 7000 sq foot supper club in Wisconsin, They had a petting zoo behind the restaurant and used the animal (donkey and duck) theme as their logo. They decided to open a 2nd location in Wisconsin that happened to be on their route home. When they closed the supper club (due to distance), they opened a new location in DuPage County.

Market Competition and Expansion:

A successful, revenue-generating business that offers significant expansion opportunities, including e-commerce growth, additional locations, corporate gifting, and expanded product lines. As consumers continue to prioritize high-quality, health-conscious food options, the specialty olive oil and vinegar industry remains a growing and sustainable market. The ability to enhance the In-Store Experience and focus on tastings and personalized customer interactions, which are already core to the business. Consider adding exclusive tasting events or seasonal product launches to attract returning customers and new visitors. Implementing a loyalty program to reward repeat customers with discounts, free tastings, or exclusive access to new products. This would help maintain a strong customer base and encourage larger purchases over time. Identify and target high-performing customer segments, such as food enthusiasts and health-conscious consumers, through focused outreach and tailored offerings.

The business serves a passionate niche of food lovers, home chefs, and health-conscious consumers looking for premium ingredients that enhance their cooking. Unlike traditional retailers, customers can sample products before purchasing, ensuring they find the perfect match for their tastes and cooking needs. Many of the offerings are not available in big-box retailers, giving the business a competitive advantage with exclusive, premium products that command strong profit margins. Customers receive tailored recommendations, food pairing ideas, and creative recipe suggestions, making shopping an engaging and educational experience.

Reason for Selling:

retirement

Additional Details:

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

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