Well Established Supplements Store in Brickell- E2 Visa Opportunity
Miami, FL
| Asking Price: | $670,000 |
| Gross Revenue: | $730,000 |
| Rent: | $9,200/Month |
| FF&E: | $50,000 |
| Cash Flow: | $170,000 |
| Inventory: | $40,000 |
| EBITDA: | $180,000 |
| Established Year: | 2012 |
Listing ID: 2095222Listing provided by BizBuySell
BUSINESS DESCRIPTION
Well-established fitness supplements store in the heart of Brickell, specialized in wellness, sports nutrition, weight loss, building muscle, and more. This store has been in business for more than a decade. High sales volume from a loyal customer base, recurrent clients, and tourists from all over the world. Store is located just feet away from two of the most active gyms in the area and strategically located in a shopping plaza with massive pedestrian traffic.
DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
750
Lease Expiration
30/06/2033
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Supplements Inventory, exhibition shelfs, freezers and cashier furniture
Competition
No competition in the half mile radio area. Closest competitor is located out side of Brickell area at calle 8.
Growth & Expansion
Business has plenty of potencial to increase current revenue:
1.Amazon or on-line sales, training will be provided by current owner. Estimate profit increase $3,000 month
2.Protein and Juice bar in-store. Estimate profit increase $3,500 month.
3.Partnership with Uber eats and other delivery services to cover protein shakes delivery in the area. Estimate profit increase $2,000 month.
Support & Training
45 days support and training. In case buyers require it, current management can stay as store managers for longer period, but after training is complete, salary must be paid.
Reason for Selling
Family relocation
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