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- RE: Supplement Store Franchise Resale
- Contact: 9546612757
Quick Facts
Asking Price: | $217,000 | |
Annual Revenue: | $553,407 | |
Net Profit: | $80,380 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 3 | |
BBN Listing #: | 943970 | |
Broker Reference #: | 42734670 |
Business Overview:
Franchise location of a national retailer of health and nutritional products is for sale. This is an excellent opportunity to become a part of this well known brand which has been successfully operated in Broward County for 14 years. Products include vitamins, supplements, minerals, herbs, sports nutrition, diet and energy products.
Business is aggressively priced as current owner wants to retire. Purchase price includes $92k of inventory.
Store is currently operated with a mostly absentee owner, a manager and 3 part time associates. New full time owner can realize $50k+ in labor related savings by replacing the manager, with these savings included in the discretionary earnings calculation.
Lease expires 8/31/24, but the landlord is aware the business is for sale and would prefer to keep the national retailer as a tenant.
Buyer would also need to pay a to be determined franchise transfer fee, which is not included in the purchase price. Buyer would also have to be approved as a franchisee by the franchisor.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
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