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Nutrition & Supplement Store For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $215000
Net Profit / Cash Flow $30000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2008
Number of Employees 1 - 3
Inventory FFE $1100
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Up to 4 weeks as needed.
Reason for Sale Owner has own line of supplements. Selling to pursue expanding product line.
Description Absentee Owned Morris County NJ non-franchised nutrition and body building supplement store with a very knowledgeable staff and an owner that does not work in the store but runs the inventory buying and books management. A small store in terrific condition that is continually growing, which can be seen by the 20% increase in Q1-Q3 2011 sales over Q1-Q3 2010 sales. The store is anchored in a strip mall by heavy foot traffic from long established shops and is surrounded by four gyms within a mile of the location. Much of the marketing is done inside of gym locations. The store and staff (1 FT manager and 1 PT person) have a strong following in the area and the staff will stay on if desired. This business also sells a number of products with exclusive large territory rights that do not expire and margins that allow them to be profitably sold for less than they can be bought on the internet. The location has plenty of parking with the landlord taking care of the maintenance and boasts a very low year to year rent deal. $49,000 asking price includes FFE but does not include $10,000 in inventory. A perfect opportunity to take over an established business as an absentee owner or do it as a part time job, which will increase money in a new owner's pocket if you wanted to work in the store. Seller financing and training is available to qualified buyers. Contact for more information on this nutrition & supplement store for sale.
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