Health and Wellness Store with Strong Financials

Manatee County, FL
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Asking Price:$200,000
Gross Revenue:$765,783
Rent:$3,950/Month
Established Year:2013
Cash Flow:$168,319
Inventory:$62,000
FF&E:$20,000
BUSINESS DESCRIPTION

Turnkey Operation with Management In Place

Well-established and sales award-winning multivitamin and natural food product franchise store is being offered for sale for $285k plus inventory. Located in a thriving upscale community of near Bradenton and Sarasota, Florida in an outdoor mall with a Walmart anchor store.

Established locally in June 2013, the business has been organically grown through local marketing in the surrounding community for the past 11 years and has an established and loyal customer base. The business generates Seller’s Discretionary Earnings of $168,319 on average for the last three years and annual revenues of $765,783.

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.


DETAILED INFORMATION
Location
Manatee County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Open hours: 10AM-7PM (Mon.-Sat.) 11AM-6PM (Sun.)
Support & Training
4 weeks
Reason for Selling
Other business interests
Franchise
This business is an established franchise
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Ron
Vandiver
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Ron Vandiver