Queen Anne Olive Oil Co.

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Olive Oil Tasting Shop
Asking Price:
$100,000

Gross Revenue:
$227,000
Cash Flow:
$73,342
EBITDA:
$72,000
Inventory:
$65,000
included in asking price

FF&E:
$15,000
included in asking price

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Business Description

Complete turnkey operation— 6 ½ years in business and every year is better than the previous. Our supplier provides the highest quality extra virgin olive oil and balsamic vinegar in the world. The lease is $4600 for 1400 sq feet of beautiful, well-lit space in a wonderful, upscale location. It’s good until 1/31/2020 and the landlord is very agreeable to extending. 2018 was a breakeven year but there are abundant possibilities for a more dynamic owner as the store has great potential. 1.75 total people are more than enough to run the store. Prospective buyers are welcome to come in and discuss the business. I’m 71 and wish to retire and devote my time elsewhere. I would be glad to help ensure an easy changeover. See online reviews on Yelp and Google.

About the Business

Year Established:
2012
Number of Employees:
2
Relocatable:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$4,500.00 Per Month
Lease Expiration:
1/31/2020
Facilities:
1400 sq feet of beautiful, well-lit space in a wonderful, upscale location.
Website:
queenanneoliveoil.com
Market Outlook/
Competition:
No one else supplied by Veronica Foods is able to encroach within a 10-mile radius.
Growth & Expansion:
2018 was a breakeven year but there are abundant possibilities for a more dynamic owner as the store has great potential.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
I would be glad to help ensure an easy changeover.

Listing Info

ID:
1447951
Ad Detail Views:
0


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Business Listed by
Gary Graham

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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