Specialty Food Store in Dahlonega – Net $45K – Priced at $145K

FINANCIAL INFORMATION
  • Asking Price: $145,000.00
  • EBITDA:
  • Gross Revenue: $226,482.00
  • Cash Flow: $47,968.00
  • FF & E: $10,000.00
  • Inventory: $10,000.00
  • Financing: No
BUSINESS LOCATION

Dahlonega, Georgia

DESCRIPTION

Since 2011 this shop has been selling a wide range of specialty food products, and unique gifts from its retail storefront in the Historic town of Dahlonega, Georgia. They offer their own private label brand as well as other premium brands. The owner of the business currently works 4 to 8 hours per week in the shop, while the shop is staffed by 3 part time employees. The SDE reflected assumes that the new owner will work 4 to 5 days per week in the shop. In addition to the retail sales, they have 11 wholesale accounts. Only 2% of the sales are e-commerce which can be grown significantly. 70% of the sales are to out of State clients with 30% of the sales to Georgia residents. In addition to their private label brand they offer a wide range of unique gifts, pet products and several options for specific dietary needs. This business has significant potential to grow the wholesale business, e-commerce, and private label. Outlaw is an approved vendor for the State of Georgia Park System gift shops. Their private label brand is trademarked, with several flavors.

INVESTMENT HIGHLIGHTS:

  • Trademarked private label brand.
  • All natural products manufactured in USDA approved facilities.

GROWTH OPPORTUNITIES:

  • E-Commerce only accounts for 2% of revenue, with huge upside growth potential.
  • With 11 wholesale accounts currently, this revenue stream can be grown.

REASON FOR SALE

Retirement.

FACILITIES

The business operates from a leased 600 sq. ft. facility with monthly rent of $1,250.00.

Details

  • Home Based: No
  • Franchise: No
  • Distressed: No
  • Relocatable: No
  • Year Established: 2011
  • Year Acquired: 2011
  • Willing To Train: Seller is willing to train new owner for a smooth transition.
  • Real State Available: No
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Is Management Staying: No
  • Days Open: Daily
  • Hours Open: 11:00 am - 7:00 pm
  • Full Time Employees: 0
  • Part Time Employees: 3
  • Building Size: 600
  • Listing Id: SA1660

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