EXECUTIVE SUMMARY:
Two Premium Olive Oil Stores - Panama City Beach & Destin, FL
Asking Price: $400,000 | Annual Revenue: $573,225 | SDE $146,000
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 and Destin, 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
- 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.
