How to Open an Olive Oil Tasting Retail Store


The love of business and food collide in the newest retail trend to take the nation by storm. Olive Oil Stores and Shops are opening like crazy all over the place these days. Even non-foodies cannot ignore the allure of free samples of exotic oils and balsamics that they have likely never even heard of.  Opening an olive oil store is not as hard as you may think. With the rise of Olive Oil Stores that are opening, there has also been an increase in Olive Oil Store Suppliers.

What is an Olive Oil Retail Tasting Store?

These storefronts are usually located in pedestrian-friendly areas such as downtown or even near large strip malls. When you walk in for the first time, you should be greeted by a friendly employee, who usually will begin to explain to you some of their seasonal or favorite product offerings. You will generally see large containers full of olive oil and vinegar. These containers can range from stainless steel fustis, to any container that allows for a spigot at the bottom for easy pouring of the olive oils and vinegars.

Once you walk in, you are given small, disposable cups to sample olive oils and vinegars. You will find Olive Oils from nearly every country including ¬†Spain, Italy, Australia, Morocco, and of course the United States. One of the most popular areas for harvesting olive oil in the USA is California. California Oil is quickly gaining popularity, with it’s unique flavors and loyal following.

Finding a Reliable Olive Oil and Balsamic Vinegar Supplier

One of the toughest aspects of beginning this new venture will certainly be finding a reputable Olive Oil Supplier. Bulk and wholesale balsamic vinegars and flavored balsamic vinegar can also be purchased from these suppliers. Many suppliers who were long-time sellers of bulk or wholesale olive oil and balsamic vinegars are now beginning to cater their product offerings specifically to Olive Oil Retail Stores. Many suppliers will even offer special discounts for those who are just getting started. You may also find that suppliers tailor their bulk olive oil store packages to those who are either just getting started, or for those who are simply looking to expand their product line.

Once you’ve found the best wholesaler or distributor, you are well on your way. Next, you will need to find a location. Finding a good location for an olive oil store can be tricky. You must remember that even though an area may have a lot of foot traffic, it may not always cater to the demographic that an olive oil store would cater to. If you’ve got a busy store with lots of tasters and no buyers, that is not a good situation. You want to connect with locals in the area to find out what their needs and hobbies are. Are there foodies in the area? Do they cook? Can you find more just like them and gather them into various events and happenings to keep your store lively and engaging?

These are all of the questions that you will want to ask yourself before choosing a location for your storefront. Once you’ve narrowed down your list of locations, you will need to find out how much it costs. Find a dependable commercial broker and begin touring properties and negotiating store rental prices. Once you’ve chosen a location, you must calculate all of your start-up costs. This will include any remodeling that you may need to do to the storefront, as well as all store accessories and decor.

Buy the Accessories

  • To run your store, you will also need to find sources for the following:
  • Bottle to bottle your olive oils and balsamic vinegars
  • Caps, Lids or Corks for your bottles
  • Containers or Fusti to pour them out of
  • Labels and Tags
  • Bags and gift wrap
  • A cash register
  • A Website
  • Aprons or special wear to identify employees

Although olive oils stores are relatively new, you will want to check your area to make sure none are planning opening nearby where you plan to open your store. Asking suppliers will ensure that you are not overstepping too close to someone else’s store.

We hope that after reading this, you will easily be able to find the best olive oil store suppliers, wholesalers, and bulk sellers, in addition to opening the olive oil store of your dreams!

 

 

 

 

 

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