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Business For Sale
1X NET, GREAT DEAL. HEALTH FOOD STORE
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Asking Price: |
$60,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Health, Beauty, Nutrition
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Reason for Selling:
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30 years in this business. Retire from it. |
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Year Established:
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1977 |
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# of Employees:
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4 |
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Yearly Revenues:
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$332,732 |
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Yearly Cash Flow:
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$65,435 |
Business for Sale Overview:
Great deal for some looking for a retail business or a health food store. Same location for 30 years. Diverse product line including bulk items, vitamins, herbs, cosmetics, books, and groceries. Age of customers is 30-100. Same owner since 1981. One employee has been there 18 years and another 5 years. Their winning mix of customer service and product knowledge keeps the regulars coming back. Sale Price is only 1x Net. That is about 1/2 of the fair market value for a business like this. Act fast.
Property Features and Assets:
Approximately 2,000 square feet. Great lease rate. Store was moved next door from prior location and was remodeled. Everything in great shape.
Market Competition and Expansion:
Big box vitamin store down the road. But they cater to a different crowd.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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