New
Health and Wellness Store with Strong Financials
| Listing No: BBF-966-55075 | |
| Category | : | Retail Miscellaneous | SIC | : | 5499 | |
| Detail | : | Retail Health Products | Price | : | 555,000 | |
| County | : | Manatee | Down | : | 555,000 | |
| State/Prov | : | Florida | Disc Earn | : | 168,319 | |
| Country | : | USA | Sales | : | 765,783 |
|
Well-established and sales award-winning multivitamin and natural food product franchise store is Established locally in June 2013, the business has been organically grown through local marketing in the The business generates annual revenues of $765,783 on average for the last three years and Seller’s 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. |
| Listing Type | : | EXCLUSIVE RIGHT OF SALE | Date Revised | : | 4/26/2024 |
| Listing Office is | : | TRANSACTION BROKER | Code ERC Code |
: : |
|
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y | |
| Showing Remarks | : | CALL BROKER TO SET UP A MEETING |
| Reason for Sale | : | Other business interests |
| General Location | : | Bradenton, FL |
| Organization Type | : | 'LLC' Hours Owner Works: 20 |
| : | Years Established: 11 Years Owned: 11 Emp FT: 1 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 5 Years: 5 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | 10AM-7PM (Mon.-Sat.) 11AM-6PM (Sun.) |
| Skills/Licenses | : | Department of Food and Agriculture license |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | |
| Year (Cash Flow) | 2023 (N) | 2022 (N) | 2021 (N) | |
| Gross Revenue | 741,206 | 819,043 | 737,101 | |
| Cost of Goods | 350,058 | 369,198 | 362,235 | |
| Gross Profit | 391,148 | 449,845 | 374,866 | |
| Expenses | 295,347 | 293,411 | 263,209 | |
| Net | 95,801 | 156,434 | 111,657 | |
| Owner Salary | 0 | 0 | 0 | |
| Benefits | 39,823 | 46,149 | 41,340 | |
| Interest Expense | 2,091 | 1,842 | 1,132 | |
| Depreciation | 393 | 393 | 393 | |
| Other | 3,000 | 2,667 | 2,667 | |
| Discretionary Earnings | 141,108 | 207,485 | 157,189 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 62,000 | Y* | ___________ | 0 | N* |
| F F & E | 20,000 | Y* | Total Assets | 82,000 | Y* |
| Leasehold | 0 | Y* | |||
| *Included? |
| Lease/Month: 3950 | Square Footage: 1400 | Building Type: Outdoor mall |
| Terms & Options: New long term lease avail | Expiration Date: 6/24/2026 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| RONALD MARK VANDIVER | Office | : | (855) 969-3534 | |
| ASSOCIATE | Fax | : | ||
| Home | : | (314) 971-0984 | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (314) 971-0984 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |
Listed By: Ron Vandiver
Background information
Reference:
55075
Finance
Sales:
$765,783
Profits:
$168,319
Profit type:
Discretionary Earnings
Price and terms
Price:
$555,000
Down payment:
$555,000