Established Specialty Culinary Store
Asking Price: | $1,410,000 |
Gross Revenue: | $2,100,000 |
Rent: | $120,000 |
FF&E: | $69,000 |
Cash Flow: | $470,000 |
Inventory: | $100,000 |
EBITDA: | $399,300 |
Established Year: | 2007 |
Exclusive Opportunity: Thriving Culinary Store Specializing in High-End Kitchenware and Gourmet Products
This well-established 17-year-old culinary store is a premier destination for high-quality kitchenware, specialty food items, and unique gifts. Located in one of the best places to live in Texas, the business benefits from excellent foot traffic and a loyal customer base, primarily acquired through word of mouth, participation in local events, and an established presence on social media. The store's carefully curated selection includes top-tier cooking tools, premium candies, chocolates, gourmet products, and local artisan merchandise. A recent expansion has introduced luxury linens and exclusive items from renowned brands. Enhanced services such as wedding registries, corporate gifting, daily tastings, cooking classes, and live demonstrations make this store a sought-after retail experience. This is a rare opportunity to acquire a flourishing, turn-key business with an excellent reputation and a current owner willing to provide ample training to ensure a seamless transition.
Products:
The store features an array of high-end kitchenware, premium cookware, and specialty utensils tailored for culinary enthusiasts. It also offers a variety of gourmet food items, including fine chocolates, candies, and local artisan delicacies. Luxury linens, unique gifts, and exclusive merchandise from prestigious global brands. With its diverse product range, the store caters to personal, gifting, and corporate needs, ensuring appeal for every occasion. Great opportunity to expand product lines.
The city is one of the top five places to live in Texas according to USA today. Positives are a lower cost of living, including one of the lowest property tax rates in the state, access to Heathcare, a low crime rate, strong educational system, a low unemployment rate, family friendly atmosphere, large selection of restaurants, and a community where almost 80% own their own homes.