EAST GREENBUSH, New York
| Asking Price |
$225,000 |
Year Established |
2000 |
|
| Annual Revenue |
$250,000 |
Reason for Selling |
RETIRING |
|
| Annual P/L |
$0 |
Attention |
TOM CERNIELLO |
|
| Annual Cash Flow |
$125,000 |
Listing Number |
1015589 |
|
| # of Employees |
1 |
Business Category |
Retail: Health, Beauty, Nutrition |
|
Business Overview:
Business Description
Strong Cash Flow, Low Overhead, Owner Retiring
Asking Price: $225,000
Business Description
Well-established independent vitamin and supplement store located on busy Rensselaer County, NY. For years this business has served a loyal local customer base with a wide selection of high-quality vitamins, supplements, and wellness products. Customers return regularly for the personalized service and product knowledge that larger chain stores simply cannot match. The business operates with low overhead and generates strong cash flow relative to its size.
Business Highlights
• Approximate annual gross sales: $250,000
• Approximate cash flow / SDE: $125,000
• Extremely low monthly rent of only $900
• Landlord will provide a new lease to a qualified buyer
• Simple owner-operator retail business
• Loyal repeat customer base
• Owner is retiring
**$100,000 In Inventory Included In The Sale Price**
Property Features and Assets:
<p>The store is located in a convenient, high-visibility commercial plaza. The retail space is approximately 600 square feet and is well laid out for a specialty vitamin and supplement operation.<br>Competition<br></p>
Market Competition and Expansion:
<p>Competition:</p><p>A GNC is located nearby, but this independent store successfully competes by offering personalized advice, a carefully selected product mix, and higher-potency options that many customers prefer. The business has built a reputation for knowledge and service rather than competing solely on price.</p><p>Growth & Expansion:</p><p>The store is currently open only about 35 hours per week and closed on Sundays. A new owner has a clear and immediate opportunity to increase sales simply by expanding operating hours. Additional growth potential exists through online sales, expanded product lines, local marketing, and further developing the existing loyal customer base.</p><p>This is an excellent turnkey opportunity for an owner-operator seeking a simple, profitable retail business with low overhead and room to grow.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity