NOT DISCLOSED, Connecticut
| Asking Price |
$170,000 |
Year Established |
1972 |
|
| Annual Revenue |
$500,000 |
Reason for Selling |
moving out of state |
|
| Annual P/L |
$0 |
Attention |
Shawn Charles |
|
| Annual Cash Flow |
$150,000 |
Listing Number |
1016490 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Grocery & Food Stores |
|
Business Overview:
Step into a rare, money-making opportunity just in time for the holiday rush. This beloved 50-year-old gourmet food shop is the region’s go-to destination for custom gift baskets, charcuterie boards, imported cheeses, artisanal foods, Belgian sweets, and curated pantry items. With Christmas approaching, the shop is already gearing up for its annual onslaught of high-margin gift basket orders, dozens of styles ranging from $50 to $200, enough to make your investment back in one season. Located on a lively plaza just off I-91 and steps from a major university, this 868 sq. ft. gem delivers huge traffic, strong retail sales, and unmatched brand loyalty. The business is truly turnkey: shelves are fully stocked, the basement is functional for gift basket production, and major recent upgrades include five new coolers and three new freezers. The all-inclusive rent is an astonishing $1,350/month, creating low overhead and strong cash-flow potential. The shop also boasts a 10,000+ Instagram following, a top-performing website, and a modern infrastructure that supports delivery, catering, and e-commerce growth. The seller is motivated and ready to provide hands-on training to ensure a seamless transition. This is the only gourmet shop of its kind within miles, with no real competition in an upscale neighborhood that has supported this institution for half a century. Preferred vendor relationships with Yale University and the University of New Haven add even more stability and upside. If you’re looking for a turnkey, high-margin, holiday-driven business with massive gift basket and charcuterie board demand, this is the one. Christmas came early. Motivated seller wants offers.
Property Features and Assets:
<p>868 sq ft. iconic retail space / fully functional, important basement for gift basket prep / All inclusive, extremely low rent $1,350 per month, utilities / Five brand new coolers, three new freezers / Upscale neighborhood / 50-year tradition/ Open 5 days/week / Strong online presence: 10,000 Instagram followers / top performing website / Preferred vendor for Yale University & University of New Haven<br></p>
Market Competition and Expansion:
<p>Competition: The go-to gourmet gift basket and charcuterie board shop for decades / Staggering Christmas season volume /Minimal local competition / Rising demand for curated, artisanal, international food experiences / Strong brand loyalty built over 50 years / Robust delivery and e-commerce infrastructure </p><p>Growth & Expansion: Expand online marketing and social reach / Add wholesale offerings, catering, and university partnerships / Extend hours and broaden product lines / Introduce gourmet cheese & meat sandwiches—major upside / Increase corporate gift basket programs<br></p>
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