This specialty retail food store offers a curated selection of premium products that appeal to both everyday shoppers and food enthusiasts. Known for its high-quality offerings and personalized customer experience, the store has built a loyal base of repeat customers and enjoys strong community recognition. The business operates smoothly with reliable staff in place, making it an excellent opportunity for either an owner-operator or someone seeking an absentee investment.
- Asking Price:
- $197,500 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $234,059
- Cash Flow:
- $101,308
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Expiration Date: March 31, 2028
- Leasehold Rent:
-
$3,830 per annum
- Location:
-
Leased
- Premises Details:
-
Retail
- Size in square feet:
- 1,000
Business Operation
- Expansion Potential:
-
Expansion opportunities include building out online sales, offering subscription or membership programs, and increasing marketing efforts to attract new customers. Gift baskets, corporate gifting, and partnerships with local businesses also represent untapped revenue streams. The business is positioned for continued growth under new ownership.
- Competition / Market:
-
With minimal direct competition in its niche, the store holds a strong position in the local specialty food market. Its reputation for quality, knowledgeable staff, and excellent customer service has earned it a loyal following. The store’s experienced employees are expected to stay on after the sale, ensuring continuity and a smooth transition for the new owner.
- Reasons for selling:
-
Other Interest
- Trading hours:
-
Mon-Thurs 10-5, Fri & Sat 10-6
- Employees:
- 2
- Years established:
- 13
Other Information
- Support & training:
-
2 weeks of training at no cost.
- Furniture / Fixtures value:
- $35,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price
