This well-established, Michigan-based, family-owned food preparation and distribution company has excellent brand name recognition and reputation for quality.  Its retail outlet has won several local and regional awards and has enjoyed increased sales each year since inception.

Santo Stefano – gift store with gourmet food and drinks

This well-established business is ideally located in beautiful downtown Grand Haven, across from the waterfront and its busy boardwalk. The store offers a mix of unique and upscale gift items and kitchenware along with an array of Italian gourmet foods, select wine and beer, European chocolates and confections, and full service espresso and gelato bars. Santo Stefano has a dedicated local clientele, and it is a “must” for summer tourists, who can enjoy their espresso, gelato, and homemade cannoli and pizzelles, while taking in the view from the outdoor seating area.

The building’s 3,600 square foot interior is spacious and tastefully decorated, with ceramic tile floors throughout and beautifully-crafted custom cabinetry and furnishings from Italy. The suite offers three restrooms, plenty of storage for seasonal items and inventory, a large delivery/storage area and a commercial kitchen which includes multiple refrigerator and freezer units and other specialized equipment. A self-serve cold case holds meats, cheeses, fresh pastas and other delicacies.

Santo Stefano features unique gifts for weddings and entertaining, including Italian glassware and pottery, and creates distinctive gift baskets for any occasion. It currently offers weekly wine and cheese tastings and has the potential to expand its prepared food offerings and cooking classes.
The business is highly regarded in the community and has been honored with the City Beautiful award from the Mayor and the Ambassador Brick Award from the Chamber of Commerce.

The current owner is preparing to retire, but would help with the transition and possible expansion opportunities.

Sales Price: $874,000 (includes real estate, furnishings and equipment)

Contact John for more information on this Business! 

  • John Groothuis
    John Groothuis
    Co-Owner and Sales Associate
John Groothuis
Co-Owner and Sales Associate

John Groothuis is a graduate of Grand Valley State University. Prior to joining Capstone in 2009, Groothuis had been involved in the banking business since 1988. Groothuis was the CEO and President of what was then Grand Haven Bank, and was more recently the Community Bank President of Macatawa Bank in Grand Haven. Groothuis has served on the boards of directors for several local organizations, including over 10 years of service on the Tri Cities YMCA board of directors, having served as both Treasurer and President. Groothuis has also been involved in the United Way, Downtown Grand Haven, Inc., the American Heart Association and First Priority. During his twenty-plus year career, Groothuis has assisted countless banking customers assess commercial real estate investments, and brings a wealth of real estate and financial experience and contacts to the Capstone team.

Contact John

Office: 616-847-1031