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Health and Wellness Store with Strong Financials
Retail Businesses for Sale
- Primary Industry: Health Food & Nutrition
Well-established, sales award-winning, multivitamin and natural-food product franchise store is being offered for sale in an upscale community near Bradenton and Sarasota, Florida.
Established locally in June 2013, the business has been organically grown through local marketing in the surrounding community and has an established and loyal customer base.
The business generates annual revenues of $765,783 on average for the last three years and Seller’s Discretionary Earnings of $168,319.
There is a solid employee in place to run the business. One of the sellers worked two days a week in the business and could be replaced with a part-time employee at $15/hour for an absentee run business, or the next owner could fill this role. The sellers are now ready to focus on their other investments, opening the opportunity for the next owner who is looking for a stable and scalable business with a recognized and respected national brand in the Health and Wellness space.
Financial Information
- $555,000 Asking Price
- $168,319 Cash Flow
- $765,783 Gross Revenue
- $555,000 Down Payment
Business Location
- City: Bradenton
- State: Florida
Reason for Sale
- Other business interests.
Detailed information
- Year Established: 2013
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: Yes
- SBA Prequalified: No
- Full-Time Employees: 1
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 20
- Inventory Included: Yes
- Inventory Value: $62,000
- Monthly Rent: $3,950
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Building Size: 1400
- FF&E Included?: Yes
- FF&E Value: $20,000
Training/Support
- 30 days of training and support is included to ensure the new owner has all they need for successful transition.
Facilities
- The business is operated out of a 1400 sq ft building at a current total cost of $3,950 per month that has 2.5 years left on a 5-year term and is extendable for another 5-year lease option. Other terms may be available. This location is set in a high-end Walmart Plaza with an assortment of strong tenants and neighbors.
Market Outlook/Competition
- Outlook is strong for a new owner with a focus on the business. Nearest direct competitor is over 6 miles away.
Business Listed by
Ron Vandiver
Sunbelt of Sarasota and Bradenton, FLContact Business Broker
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