Well Respected Health Food Store - Price Reduced!
Waterloo, IA Black Hawk County
Eastern Iowa
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- RE: Well Respected Health Food Store - Price Reduced!
- Contact: Brad Dostal
Quick Facts
| Asking Price: | $127,000 | |
| Annual Revenue: | $338,304 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $66,715 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $17,890 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1969 | |
| Employees: | 4 | |
| BBN Listing #: | 726135915 | |
| Broker Reference #: | 2953 |
Business Overview:
This well respected health food store for sale in the Waterloo/Cedar Falls metro is turnkey and ready for a new owner to step in and start making money on day one. The business stands out in the competitive environment of health food and supplement retailers due to its inviting atmosphere, top-notch service, and a large, diverse offering of product lines highly sought after in the current market. The loyal customer base provides steady revenue thanks to the knowledgeable staff who offer solutions for a wide range of health concerns including strengthening immunity, managing stress, reducing pain and improving sleep. The business also benefits from an excellent location with high traffic and good visibility.
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Property Features and Assets:
The business is located in a 1,200 sq ft. retail space with a retail showroom, offices, restroom, and a utility room. The business is conveniently located on one of the highest-traffic intersections in a heavily populated area of Waterloo with great visibility to local commuters.
Market Competition and Expansion:
Additional growth could be generated by extending operating hours, offering additional product lines such as luxury soaps and other high-margin personal care items or by adding locations to capitalize on the proven business model established by the owner. The addition of an online ordering system could extend the reach to customers outside their current footprint. New local customers could be attained through partnerships with local fitness centers, and healthcare providers.
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 not a franchise resale opportunity
Documents:
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