Two Premium Olive Oil Stores in Panama City Beach & Destin, FL
Business Description
EXECUTIVE SUMMARY
Two Premium Olive Oil Stores - Panama City Beach & Destin, FL
Asking Price: $440,000 | Annual Revenue: $573,225 | SDE $150,000
Established: 2012
BUSINESS OVERVIEW
Acquire two established specialty retail stores specializing in premium olive oils, balsamic vinegars, and gourmet health products. Located in high-traffic areas of Panama City Beach (2,000 sq ft) and Destin (1,400 sq ft), these stores serve both local customers and tourists seeking quality culinary products.
FINANCIAL HIGHLIGHTS
• Annual Revenue: $573,225
• Profitable operations with established customer base
• FF&E Value: $115,000
• Inventory: $75,000 (included in asking price)
• Currently operated as absentee-managed business
OPERATIONAL ADVANTAGES
• Turnkey operation with 4 employees
• Semi-absentee ownership model proven successful
• Both locations fully stocked and operational
• Established supplier relationships and inventory systems
• Prime retail locations in popular tourist destinations
MARKET POSITION
• Serves growing health-conscious consumer market
• Strong tourist and local customer base
• Positioned in high-visibility, high-traffic locations
• Reputation for quality products promoting wellness
GROWTH OPPORTUNITIES
• Expand online sales channels
• Add complementary health-focused product lines
• Enhanced marketing and customer outreach
• Leverage increasing demand for healthy lifestyle products
OWNER SUPPORT
Up to two weeks training provided, with additional consulting available as needed.
SELLING REASON
Other business venture
This represents an exceptional opportunity to acquire two profitable retail locations in Florida's premier coastal markets, capitalizing on the growing wellness and gourmet food trends while maintaining proven operational systems.
Two Premium Olive Oil Stores - Panama City Beach & Destin, FL
Asking Price: $440,000 | Annual Revenue: $573,225 | SDE $150,000
Established: 2012
BUSINESS OVERVIEW
Acquire two established specialty retail stores specializing in premium olive oils, balsamic vinegars, and gourmet health products. Located in high-traffic areas of Panama City Beach (2,000 sq ft) and Destin (1,400 sq ft), these stores serve both local customers and tourists seeking quality culinary products.
FINANCIAL HIGHLIGHTS
• Annual Revenue: $573,225
• Profitable operations with established customer base
• FF&E Value: $115,000
• Inventory: $75,000 (included in asking price)
• Currently operated as absentee-managed business
OPERATIONAL ADVANTAGES
• Turnkey operation with 4 employees
• Semi-absentee ownership model proven successful
• Both locations fully stocked and operational
• Established supplier relationships and inventory systems
• Prime retail locations in popular tourist destinations
MARKET POSITION
• Serves growing health-conscious consumer market
• Strong tourist and local customer base
• Positioned in high-visibility, high-traffic locations
• Reputation for quality products promoting wellness
GROWTH OPPORTUNITIES
• Expand online sales channels
• Add complementary health-focused product lines
• Enhanced marketing and customer outreach
• Leverage increasing demand for healthy lifestyle products
OWNER SUPPORT
Up to two weeks training provided, with additional consulting available as needed.
SELLING REASON
Other business venture
This represents an exceptional opportunity to acquire two profitable retail locations in Florida's premier coastal markets, capitalizing on the growing wellness and gourmet food trends while maintaining proven operational systems.
About the Business
- Years in Operation
- 13
- Employees
- 4 (2 Full-time, 2 Part-time)
- Facilities & Assets
- Furniture, Fixtures, Inventory Included.
Customer base 24,000+ w/ 7,200+ on rewards program.
Full Kitchen and workshop space (PCB location) - Website
- http://www.emeraldcoastoliveoil.com
- Market Outlook / Competition
- Minimal nearby competition
- Opportunities for Growth
- Growing market with many health benefits.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other business venture
- Transition Support
- Up to two weeks of training if needed, Consulting and/or more training can be discussed if desired.
Listing Info
- ID
- 2307244
- Listing Views
- 978
Business Location
Listing ID: 2307244 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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