Profitable, Well Established Health Food Store

Not Disclosed, OR
Coos County

Asking Price: Annual Revenue:
$275,000 $1,181,608

Food & Beverage: Grocery & Food Stores

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RE: Profitable, Well Established Health Food Store Broker: Randy Combest

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,181,608
Net Profit: Not Disclosed
Cash Flow: $78,202
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1977
Employees: 12
BBN Listing #: 25004955
Broker Reference #: 8103-14954

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Business Overview:

Established in 1977, a small independent health food store located in a beautiful, Oregon coastal town. The store offers a variety of healthy food options: organic foods and produce, non-GMO, vegan, paleo, kosher. Take-out deli: soups, wraps, organic salads. A wide selection of dietary supplements. Special orders and catering are also offered. Their high social media rankings reflect a store that meets the need for good quality health foods, and supplements, with a level of service and care worthy of a 4.9 star Google rating. New aggressive owner's (couple) could eliminate one manager and that would add another$45,000 to the owners net cash flow. $45,000 + $78,000 = Total cash flow = $123,000. The asking price also includes $90,000 of inventory.

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Property Features and Assets:

The business occupies a 3,300 square foot retail unit in a busy shopping center. The center's high profile brand name businesses provide the anchors and stability necessary for heavy traffic. The space make up is as follows...retail space, 2,006 square feet, Deli 150 square feet, office 150 square feet and other hallways, coolers, storage, etc. 1,326 square feet. Assets= $155,000

Market Competition and Expansion:

There is competition in the area among them are brand name franchises. But there is always room for small creative independent businesses to compete, businesses that provide a more personal service, diverse products and creative deli products. This business has dedicated some funds for advertising, but has many business avenues still available that could improve the overall top line numbers. The present owners rely on the stores stellar reputation but believe a good, sound marketing strategy could help.

Reason for Selling:

The Owners would like to retire.

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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