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  • RE:  Established, Profitable Gourmet Spice & Tea Shop
  • Contact:  John Maslanik

Quick Facts

Asking Price: $198,500
Annual Revenue: $362,368
Net Profit: Not Disclosed
Cash Flow: $89,317
Total Debt: Not Disclosed
FF&E: $17,500
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 986358
Broker Reference #: 7602-18756

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Business Overview:

The business is a specialized retail store selling a full, gourmet selection of spices and teas as the single Montana outlet for a national franchise operation. Additionally, the store offers a variety of kitchen and cooking utensils that appeal to cooking enthusiasts. Besides retail customers, the business supplies numerous wholesale accounts, such as restaurants, breweries, distillers, and custom butchers with blended spices according to their needs.

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Property Features and Assets:

The store occupies space in a historic commercial building in downtown Bozeman. The windowed storefront is right on Main Street, and close to several hotels and other businesses that serve the vibrant tourist business. Within the store, shelves of products line the walls and toward the rear is a Tea-to-Go and  Blend Counter. A small business office is located at the back of the store where mail orders are processed and shipped.
The Blend Counter offers guests a unique opportunity to observe Custom Blends being made by Team Members. Here, Guests can also purchase Cups of Tea custom-prepared by Team Members.  The aroma that permeates the store comes from the Blend Counter as a result of products being packaged and blended on a daily basis.

Assets = $203,500

Market Competition and Expansion:

Competition is light for this specific type of business. General retail stores, grocery stores, delicatessen restaurants, and retail coffee and tea shops sometimes carry general lines of similar products. Other competition comes from e-commerce websites that cater to the specialized needs of the culinary customer.

The growth of the business has been steady since its opening. As Bozeman has grown in population, it has attracted a larger number of people who are interested in the culinary arts. The location of the business near newly built hotels expose the store to people who are visiting and some become mail-order customers. The wholesale business serves a wider area of clients beyond the local market mainly because they know the company offers fresher alternatives than their usual food-service suppliers.

Reason for Selling:

The owners would like to retire and pursue other endeavors.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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