Business Summary:
Established in 2004, this gourmet grocery & gift store focuses on providing in-store prepared fresh and frozen foods, as well as a large selection of chocolates and other specialty grocery, houseware, and gift items. The business benefits from a strong following of consumer and corporate clients who pay a premium to purchase deliciously prepared food, chocolate, condiments, and unique gift items that can also be gift-boxed at the point of purchase or pre- ordered for pick-up and delivery.This 2000 sq ft retail location has all the necessary facilities in one convenient location, including the storefront showroom with freezers, fridges, shelving and display tables. An additional 3600 sq ft includes a fully equipped commercial-grade kitchen including walk-in freezers, storage and basement space for inventory and gift basket assembly with room to expand. Conveniently located in a mini plaza, with great street exposure and ample parking spots for employees and customers. Deliciously prepared foods are available in store and online along with chocolates and curated gifts for the food lover. There are hundreds of items to choose from including seasonal items that make this a unique shopping experience in the community that it serves. Gift boxes are available for local pick-up, delivery and shipping across Canada.The business has grown from a small team working in the kitchen, to a full-scale operation where there are several chefs preparing meals, a storefront with employees taking care of customers, and extra gift basket packers during the busy seasons. The operation is fully managed by the General Manager while the owner works part-time focusing on bulk purchases and preparing for seasonal spikes in demand. This operation has been growing rapidly over the last three years and continues to be loved by the community winning the 2023 small business of the year award. The owner is proud of the staff and loyal customers they serve within Southern Ontario.Business Highlights:2023 Revenue of $2,500,000 and a 3 year average of $2,700,000 from in-store and online purchases with a 3 year average of $550,000 in earnings plus discretionary expenses and owner income A unique upscale shopping experience that includes a selection of gift boxes, bags and ribbon for customers to assemble the perfect gift for any food lover.Turn-key operation with a general manager (since 2014) and longtime committed employees significantly lower owner dependency in the business.Well-organized showroom, warehouse and kitchen with systems and processes to manage food preparation, gift basket assembly and distributionSingle owner wishes to sell 100% of the shares of the business but is not opposed to retaining a minority stake to remain as a consultant and spokesperson for the business.Strong community brand and reputation lends itself well to adding additional stores and pop-ups throughout the community
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