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Advert Ref: IMPORT1
Italian Foods Wholesale Retail Online Business Cooking Classes For Sale
- Morrisville, North Carolina, United States
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- Business description
- Profitable and well-established family owned wholesaler of imported Italian foods and ceramics. This business is impressive. All three divisions-wholesale, retail, and online--plus corporate cooking classes are all profitable. With a large list of loyal customers in several key cities in North Carolina, the business continues healthy annual growth. The owners have also embraced the latest technology to drive 10,000 visitors per month to the website, and to offer a re-seller program, which all results in robust online sales. The Seller owns the real estate as well, which is rare in such a metro area, and would like to sell that with the business, although they would consider a lease situation.
Profitable and well-established family owned wholesaler of imported Italian foods and ceramics. This business is impressive. All three divisions-wholesale, retail, and online--plus corporate cooking classes are all profitable. With a large list of loyal customers in several key cities in North Carolina, the business continues healthy annual growth. The owners have also embraced the latest technology to drive 10,000 visitors per month to the website, and to offer a re-seller program, which all results in robust online sales. The Seller owns the real estate as well, which is rare in such a metro area, and would like to sell that with the business, although they would consider a lease situation.
The business was started 12 years ago and is currently still owned by a family from Capri Italy. They spent years locating just the right products and vendors in Italy and have established strong relationships and systems, which will be advantageous to the buyer. They purchased the real estate as well and slowly built up an impressive client list of multi-unit and independent restaurant owners, supermarket chains and gourmet shops throughout North Carolina with the help of two dedicated sales people. The wife is an accomplished chef and began offering Italian cooking classes to corporate clients and individuals. This has also helped build the retail business as well.
This business would be an excellent acquisition for a business currently specializing in other food or beverage categories that would like to add a different product line or establish a presence in the rapidly growing Southeast.
Experience in the wholesale or retail business would be helpful. Ability to qualify for bank financing if necessary would also be important.
- General information
- Years established:11
- Employees: 10
- Real Estate: Real Property Included
- Lease terms:Building is owned by business owner and is available for purchase.
- Location:The beautifully maintained facility is located in a park like setting and includes a retail store, state-of-the-art fully equipped kitchen for cooking classes, offices, and a huge warehouse with loading docks.
A 95-acre mixed use development is being built right across the street and will include residential and upscale shopping and dining. This will have a very positive impact on the retail business. - Expansion potential:There is significant potential for growth that could be achieved by serving more cities in a larger geographic market, by increasing online and re-seller sales and by adding additional, related product lines.
- Competition / Market:Because this business does not sell in the highly competitive pizza food items category, but rather focuses on imported specialty items, competition is minimal in North Carolina.
- Support & training:Owners will offer one month of hands on training on business systems and operations. They will introduce buyer to current clients and vendors and will share all their valuable inside industry knowledge.
- Reasons for selling:True Retirement
- Financing available?No seller financing is available.
- Website:www.enlign.com
