Details - Information last confirmed on January 21, 2021
Listing provides high end, unique, specialty foods as well as luxury items for commercial and home kitchens. Their line of artisan products includes sauces, extra virgin olive oils, pastas, wines and cheeses with inventory featuring high peaks during the holiday season. Kitchenware, cookbooks and table linens can also be found in both their online and retail stores. The new owner would do well to capitalize on the e-commerce capabilities with strong Search-Engine Optimization. From a trendy shopping center in eastern Missouri, the business is ready for investors to continue streamlined operations and take this business to the next level. With knowledgeable seller available for a smooth transition of up to six months, the skilled team of two experienced employees are most likely willing to stay post-purchase. Besides maintaining a website and social media presence for self promotion, marketing efforts focus on utilizing print and radio ads, and an online following with over 6,000 followers. Since inception over 14 years ago, the company has kept a proven effective referral source system. This is fortified by long-time relationships with their repeat customer base, distributors, multiple direct importers and with over 100 suppliers. Total 2019 Revenue reached $443,000 along with Seller Discretionary Earnings of $89,000, rounded. Based on independent evaluation! The 2020 fiscal year is tracking at 19% revenue growth in the midst of the COVID epidemic.
Listing includes ranging Inventory of $75K – $95K and Equipment valued at $14,465!
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