Looking for a buyer.
TTM Revenue: $7.9M
TTM Profit: $588k
This acquisition opportunity features a premier olive oil production facility and expansive land located in the heart of Crete, Greece. Established in 1981, the business has a long-standing reputation for producing high-quality Extra Virgin Olive Oil (EVOO). The facility includes a 23,241.9 m² land area with key infrastructure for olive oil milling, bottling, and storage. Despite ceasing operations in 2000, the business's brand remains strong, with substantial opportunities for revitalization and growth. Positioned in a prime agricultural region, this business offers significant potential for both domestic and international market expansion. The facility can be managed remotely, making it an ideal investment for those seeking a hands-off operation with deep market roots.
Established History: Operating since 1981 with a reputable brand in the olive oil industry.
Remote Management: Potential for remote operation, suitable for absentee ownership.
Growth Potential: Significant opportunities to revitalize operations and expand into new markets.
The business operates with a highly streamlined and efficient structure, ensuring smooth and consistent operations with minimal owner involvement. The core functions are managed by a dedicated team, supported by established processes and key infrastructure. The business's operational backbone includes well-maintained facilities and a skilled workforce, all of which contribute to its ability to maintain high production standards and meet market demand efficiently. The minimal time commitment required from the owner highlights the strength of the management team and the well-optimized operational processes. Additionally, the business has successfully integrated automation tools, further reducing the need for manual oversight. The facilities are strategically located, allowing for efficient distribution both domestically and internationally, which enhances the business’s competitive edge.
The business is built on a strong foundation of industry expertise, operational efficiency, and a well-established brand reputation. Its strategic location in Crete, a region renowned for producing some of the world’s finest olive oil, provides a significant competitive advantage. The combination of high-quality production standards, a loyal customer base, and valuable intellectual property makes this business a resilient and attractive acquisition. Moreover, the potential for government incentives and tax breaks further enhances the financial appeal of this opportunity.
listing type
exclusive representation
exclusive representation
industry
Manufacturing
Manufacturing
location
Crete, Greece
Crete, Greece
revenue
$7,900,000
$7,900,000
ebitda
$588,000
$588,000
proposed price
$1,200,000
$1,200,000
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