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Portland, OR

Expanding specialty grocery offerings and launching catering services to grow revenue and customer engagement.

• Established brand: Over 20 years building relationships with producers and customers.
• Curated selection: High-quality pantry staples, local produce, deli goods, and more.
• Expansion focus: Launching catering and expanding deli and cheese counter offerings.
• Community connection: Loyal customer base in high-traffic, food-loving neighborhoods.
• Growth potential: Enhancing high-margin areas to drive revenue and profitability.

Wellspent Market is a Portland-based specialty grocery store with two locations offering a curated selection of pantry staples, local produce, artisan cheeses, scratch-made meals, deli goods, craft beer, and wine. The business began over 20 years ago when founder Jim Dixon started selling olive oil directly to the community, growing through strong relationships with both producers and customers. Today, Wellspent operates in high-traffic, food-focused neighborhoods and serves a loyal customer base of home cooks, food enthusiasts, and everyday shoppers who value high-quality ingredients sourced from around the world.

The company is raising funds to expand high-margin areas with demonstrated demand, including growing its deli program, launching a catering division, and adding a full-service cheese and charcuterie counter at its McMinnville location. Capital will also be used for working capital needs such as purchasing equipment and inventory, hiring staff, and refinancing existing debt. By enhancing its product offerings and increasing operational capacity, Wellspent Market aims to deepen customer relationships, increase top-line revenue, and improve profit margins, building on a solid foundation of consistent year-over-year growth.

Company Info

Wellspent Market operates two Portland specialty grocery and deli locations offering curated local and global products, with expansion into catering and charcuterie services.

Wellspent Market is a specialty grocery retailer with two locations in Portland, Oregon, offering a curated selection of high-quality pantry staples, craft beers and wines, local produce, artisan cheeses, scratch-made meals, and deli products. The business sources its goods thoughtfully from both local and international producers, catering to customers who value quality ingredients and culinary exploration. With a strong presence in high-traffic, food-focused neighborhoods, Wellspent Market serves home cooks, food enthusiasts, and everyday shoppers seeking distinctive and well-crafted products.

Founded by Jim Dixon, the business began more than 20 years ago with direct-to-consumer olive oil sales and has since grown into a well-established neighborhood market and deli. Building on long-standing relationships with suppliers and a loyal customer base, Wellspent Market continues to evolve its offerings. Its expansion strategy includes growing its deli program, launching a catering service, and adding a full-service cheese and charcuterie counter at one location. These developments aim to strengthen customer connections, increase revenue, and enhance profit margins while maintaining the company’s focus on intentional and sustainable growth.