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958 Higuera St.

San Luis Obispo, CA 93401
  • $595,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: SC23003883
$595,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Vivian Hanover of Vivian Hanover, Broker (805-801-5889)


Description

Remarkable chance to own a successful business in San Luis Obispo, California Central Coast ! The dedicated Owner is retiring and thus very motivated, but eager to find just the right Buyer for this solid local business: an "olive oil oasis that celebrates all things specialty gourmet foods. SLO OLIVE (formerly We Olive SLO) was established July 2006 and has been operating solidly at the same downtown SLO location at 958 Higuera St. since August 2007. They have supplied their customers, tourists, friends and neighbors in San Luis Obispo, CA for the last 16 years with carefully sourced goods from their best vendors near and far. Every item is curated, tested, and tasted and especially chosen for their clientele. Here they focus on olive oils and balsamic vinegars, tapenades, bruschetta, pasta & pestos, sauces and of course olives, besides other olive related food items. As an example, they only sell California Certified Extra Virgin Olive Oil and an amazing variety of Balsamics including their number one seller a "mind blowing 18-year-old traditional dark balsamic.A successfully traditional store in the community, long established in the same location, they offer a unique refill program (by a bottle and refill on any of our bulk products for a reduced price), which encourages the repeat of tens of thousands of loyal customers local and beyond. Excellent opportunity to increase sales by enhance online sales and social media presence. SLO OLIVE is owner operated and they live, work and are proud to be a part of this community they call home.A competitive business lease is in place with the present landlord and all business documentation can be presented after any potential Buyers sign an NDA. Merchandise and a long list of goodwill clients is included in the sale. A rare opportunity to purchase a successful enterprise that is running a profit and has plenty of room for further growth !

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-31T00:26:42.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Velasco & Associates | West Shores Realty, Inc. Licensed in the State of California, USA.
www.customhomesearches.com/homes/135945718
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958 Higuera St. San Luis Obispo, CA 93401

  • Price: $595,000
  • Status: Active
  • On Site: 20 Days
  • ID#: SC23003883
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
SLO - San Luis Obispo
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
Remarkable chance to own a successful business in San Luis Obispo, California Central Coast ! The dedicated Owner is retiring and thus very motivated, but eager to find just the right Buyer for this solid local business: an "olive oil oasis that celebrates all things specialty gourmet foods. SLO OLIVE (formerly We Olive SLO) was established July 2006 and has been operating solidly at the same downtown SLO location at 958 Higuera St. since August 2007. They have supplied their customers, tourists, friends and neighbors in San Luis Obispo, CA for the last 16 years with carefully sourced goods from their best vendors near and far. Every item is curated, tested, and tasted and especially chosen for their clientele. Here they focus on olive oils and balsamic vinegars, tapenades, bruschetta, pasta & pestos, sauces and of course olives, besides other olive related food items. As an example, they only sell California Certified Extra Virgin Olive Oil and an amazing variety of Balsamics including their number one seller a "mind blowing 18-year-old traditional dark balsamic.A successfully traditional store in the community, long established in the same location, they offer a unique refill program (by a bottle and refill on any of our bulk products for a reduced price), which encourages the repeat of tens of thousands of loyal customers local and beyond. Excellent opportunity to increase sales by enhance online sales and social media presence. SLO OLIVE is owner operated and they live, work and are proud to be a part of this community they call home.A competitive business lease is in place with the present landlord and all business documentation can be presented after any potential Buyers sign an NDA. Merchandise and a long list of goodwill clients is included in the sale. A rare opportunity to purchase a successful enterprise that is running a profit and has plenty of room for further growth !
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Retail Leasable Area 1184 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Total Actual Rent 4144



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-01-31T00:26:42.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Velasco & Associates | West Shores Realty, Inc. Licensed in the State of California, USA.
 
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Mark Velasco & Associates | West Shores Realty, Inc
11260 Whittier Blvd
Whittier CA, 90606
Listing Agent(s): Vivian Hanover of Vivian Hanover, Broker (805-801-5889)