Great growth potential

Asking Price$1,296,480

Cash Flow
$323,529
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$655,601

Inventory$142,411
Included in asking price
FF&ENot Disclosed

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Great growth potential


Asking Price$1,296,480

Cash Flow
$323,529
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$655,601

Inventory$142,411
Included in asking price
FF&ENot Disclosed

Business Description
Established in 2008, this family owned and operated business has weathered COVID growing well, especially Web sales. The President wishes to retire from daily operations and provide representation on the East coast and other areas. The Vice President wants to stay of for up to three years in a paid management role. Expansion into new markets is growing sales and profits. Strong relationships with suppliers have enabled continuing high margins. High quality products are providing a solid profit growth. Packaging is delivered to the company in a shelf-ready format.

They specialize in sourcing pure organic extra virgin olive oil directly from centuries old Mediterranean farms. Their commitment to quality includes personal visits to these farms to ensure sustainable growing practices and lab testing each year's harvest for purity.

Coupling the well-developed nature of the products and willingness of the current management to assist in the transition, the sustained profitability makes this an excellent buy for the future.
About the Business
Years in Operation
17
Franchise
This business is an established franchise
Real Estate
Owned or Leased
Leased
Rent
$1,300.00 per month
Listing Info
ID
2351631
Listing Views
1489

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Business Listed by: Nathan McKie

Listing ID: 2351631 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.