Available
Great Main St Suffolk South Shore Location - Olive Oils , Vinegars & More - Well Known Name - $80K Net Owner Operated
$175.000
Description
This is an excellent opportunity for an aspiring entrepreneur or experienced business owner to take over a thriving and well-established business. The combination of a prime location, strong brand recognition, loyal customer base, and diverse product offerings makes this a highly attractive prospect.
Key takeaways from the business description:
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Proven success: The business has a solid track record of profitability, generating a net profit of $80,000 annually to an owner-operator.
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Prime location: Situated on Main Street in a bustling town with high foot traffic, the store enjoys excellent visibility and accessibility.
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Strong brand reputation: The business has built a reputable name with a loyal customer base, providing a solid foundation for continued success.
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Diverse product range: Offering over 55 varieties of olive oils, vinegars, sauces, jams, and gift baskets, the store caters to a wide range of customer preferences.
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Growth potential: With extended hours, enhanced marketing efforts, and expanded online ordering, the business has untapped potential for further growth.
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Secured supply chain: The business maintains a reliable supply chain with a top wholesaler in California, ensuring consistent product availability.
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Favorable lease terms: A new 10-year lease provides stability and predictability for the business's future operations.
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Spacious storefront: The 1800 sq ft location provides ample space for product display, customer interaction, and potential expansion.
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Vibrant retail environment: The store is situated in a thriving retail district with multiple high-end restaurants, contributing to the overall appeal of the location.
Additional considerations:
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Explore the possibility of acquiring other locations from the current owner to expand the business's reach.
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Evaluate the potential for e-commerce expansion to reach a broader customer base beyond the physical store.
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Consider implementing customer loyalty programs and targeted promotions to further strengthen customer relationships.
Overview
Property ID:
12207
Type:
Retail - Quick Serve Restaurant- Bagel - Deli- Pizzeria - Taco No Table Service
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