Gourmet Olive OIls & Balsamic Vinegars

Carroll County, NH

Gourmet Olive OIls &  Balsamic Vinegars
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Asking Price: $45,000

Cash Flow: N/A

Gross Revenue: $83,000

EBITDA: $15,000

FF&E: $13,000

Inventory: $9,000*

Rent: $918 /Month

Established: 2016

*not included in asking price.

Gourmet Olive OIls & Balsamic Vinegars

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Business Description

Turn Key Operation

TURN KEY business Located in the heart of the beautiful resort Lakes Region of New Hampshire on the shore of Lake Winnipesaukee.

Looking for a business that is ready for you with an established customer base? This is a rare opportunity to sell imported olive oils and balsamic vinegar's from different countries around the world. Our products are all certified under the strict (I.O.C.) International Olive Council guidelines and this fact alone sells the product based on its superior quality. Of course, a quick customer education on the quality of the product versus what is available in grocery stores helps move that along. We carry some of the best imported olive oils and balsamic vinegars to be found anywhere. Our tasting bar features over 20 flavored olive oils and ten extra virgin olive oils plus 35 flavored balsamic vinegars imported from Modena, Italy. Customers get to sample before they buy and are astonished by the taste of authentic, pure extra virgin olive oil. This is a profitable and established business of four years, however, the owners have decided it is time to retire. Great product, loyal repeat customer base, full web site and high volume walking traffic location in an area of retail shops.

Detailed Information

Location:
Carroll County, NH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
750
Lease Expiration:
2/29/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Downtown location , 60 Stainless Steel Steel holding tanks (Fustis), Display Cabinets, Hardware Software, Apple Pay, IPad, Ipad Stand, Storage Cabinets, decor, Bottles, and Product Inventory
Competition:
A very strong market for this type of business, closest competition is over 90 miles to the North. People of all ages purchase our products, foodies, health enthusiasts, chefs, cooks, people who love food, shoppers, great seasonal flavors, Holiday event shoppers, weddings, family reunions
Growth & Expansion:
Plenty of space to add new products, i.e. Fresh or Frozen Pasta Line, Cold Beverages, Beef Jerky, Spices, Salts, Fresh bread, Tomatoes, Olives, Cheeses, Glaze
Financing:
Would entertain assisting in financing with secure holdings from buyer
Support & Training:
Complete hands on training from current owner for one month. Ordering, Inventory Control, Product knowledge, Handouts, Computer programming, labeling, displays, promotions
Reason for Selling:
Owners want to Retire
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Business Listed By:
Saverino Correale

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