Seller's Contact Information
- RE: Health And Wellness Store With Strong Financials
- Contact: Ron Vandiver
Business Overview:
Well-established and sales award-winning multivitamin and natural food product franchise store isbeing offered for sale for $385k 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 thesurrounding 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 thesellers 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.Property Features and Assets:
The business is operated out of a 1400 sq ft building at a current total cost of $3,950 per month that has2.5 years left on a 5-year term and is extendable for another 5-year lease option. Other terms may beavailable. This location is set in a high-end Walmart Plaza with an assortment of strong tenants andneighbors.Market Competition and Expansion:
Outlook is strong for a new owner with a focus on the business. Nearest direct competitor is over 6 miles away.Reason for Selling:
Other business interests.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Listing Update!
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