• Avg. Revenue /month
    $6,924USD
  • Avg. Sessions /month162
  • Avg. Profit /month
    $3,000USD
  • Inventory value
    $6,000USD

Description

General description

The Olive Spout sells Fresh Pressed Olive Oil, Balsamic Vinegar and gourmet food in Bardstown, KY. This is an exciting opportunity for someone who loves to cook, teach and entertain.

You'll earn the purchase price back very quickly with the holiday season coming up quickly.

Why should someone buy this store?

It's a fantastic store in a great town. The last 12 months we had verifiable revenue of $92,622.62. We have BourbonFest coming up and then we're into the Holiday season.

How can the future owner improve the business?

Hosting events, give cooking classes, expand inventory and be more active on social media.

What work have you put into the store?

We put in over $30,000 worth of fixtures and appliances when we opened the store 5 years ago. The store is very well done.

Time to run this business: approximately 40 hours per week

Traffic and Performance

  • Avg. Revenue /month
    $6,924USD
    Verified
  • Avg. Sessions /month162Verified
  • Avg. Profit /month
    $3,000USD
  • Inventory value
    $6,000USD
  • Profit Margin70%
  • Avg. Sales /month260

Other details about profit:High profit business. The last 12 months we had verifiable revenue of $92,622.62. Shopify does not calculate full partial months of Revenue, but we can definitely prove this revenue amount.

Last 3 years revenue
$318,503USD
Revenue data comes directly from Shopify and cannot be edited by the seller
Last 3 years traffic
7,481Sessions
Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

  • Shopify plan
    $128USD
    /month
  • Retail space rental
    $1,500USD
    /month

Sale Includes

  • Physical inventory

  • Logo and branding assets

  • Personal support after sale

  • Domain

  • Product photos

  • Suppliers

  • Mailing list
  • Social Media
    Total followers2,700subscribers

Why buy a business on Exchange

Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Encrypted payment capture

Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.