Business For Sale

Independent Health Food and Supplement Retailer

Not Disclosed, IL
Cook County

Busy Northern Chicago Strip Mall


Asking Price: Annual Revenue:
$199,000 $578,376

Retail: Health, Beauty, Nutrition


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RE: Independent Health Food and Supplement Retailer Broker: Jim Peddle
Owner Financing is Available!
$19,000 seller note.

Quick Facts

Asking Price: $199,000
Annual Revenue: $578,376
Net Profit: Not Disclosed
Cash Flow: $125,300
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 2
BBN Listing #: 586050522
Broker Reference #: PB16161

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Business Overview:

This must-see family owned and operated health food and supplement retailer is located in a busy strip mall in the Northern Chicago Suburbs. The business has been in operation for over 30 years and has an excellent reputation in its community. It is the longest running health food store in its territory, giving it an edge over its competitors. Most of its customers have been loyal to the business for years, providing excellent word of mouth marketing and referrals.

The Company prides itself on its excellent selection of health food and skincare products, including hard to find items. There is an excellent opportunity for growth in the supplement side of the business which has not been developed to its full potential.

The current owner has no employees and oversees every aspect of running the business. A new owner has an excellent opportunity to build the business from the ground up with all the systems currently in place. The Company is in an excellent position to grow and a new owner could easily accomplish that with a marketing plan and expanding the supplement product lines.

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Property Features and Assets:

The Company has operated out of the same, single location for the last few decades. Its facility is 2,400 square feet and rented from a third-party landlord.

Market Competition and Expansion:

The Company has several direct competitors in the form of other businesses in the same industry in its territory. However, neither of these businesses have the Company's longevity or diverse product offerings. A new owner has unlimited opportunities to expand The Company’s marketing presence including creating social media accounts, updating the website, hiring more employees, networking with other businesses like gyms and charities, and going to trade shows. The sky is truly the limit for what a new owner could do with the business.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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