Acquire an extra virgin and infused olive oil exporting company, with an EU registered brand, targeting the worldwide premium market, with carefully selected quality Greek olive oil suppliers, considerable in-house know how in producing infused olive oil, established client network in Greece and multiple times awarded products in international olive oil competitions. The company has experienced a setback during the pandemic, but since then has a substantial sales growth.
The owner is approaching retirement age and is willing to sell the 100% of the company, while remaining for six months to provide training to the new management and personnel, know-how transfer, practical advice and consulting.
The new owner can easily expand the business through exporting, invest in the expansion of production facilities to accommodate the expanding demand and develop marketing and sales activities to enter new markets.
- Asking Price:
- €125,000 Inventory / Stock included
- Sales Revenue:
- €300,000
- Cash Flow:
- €25,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
€10,200 per annum
- Location:
-
The business is located in the Industrial Area of Thessaloniki
- Premises Details:
-
The Industrial Area of Thessaloniki is suitable for all manufacturing and exporting businesses
- Size in square feet:
- 3,800
Business Operation
- Expansion Potential:
-
The company can quadruple its production at the same facility, or easily relocate to another building in the Industrial Area if more expansion is needed.
- Competition / Market:
-
There are less than 10 competing companies in Greece for Greek Extra Virgin Olive Oil exports.
- Reasons for selling:
-
The owner is approaching retirement age and is willing to sell the 100% of the company,
- Trading hours:
-
Mon-Fri business working hours
- Employees:
- 3
- Years established:
- 10
Other Information
- Support & training:
-
6 months training and support from the owner
- Financing available:
-
Our company, ErgoQ, is a Consulting and Business Broker company that can support you in taking advantage of favorable Greek Government subsidies for investments, up to 50% of the expansion budget.
- Inventory / Stock value:
- €30,000 - included in the asking price
- Relocatable:
- This business can be relocated.
