Status: Active
*New Price!* Health and Wellness Store with Strong Financials - Listing #: 55075

 

Category :  Retail Miscellaneous SIC :  5499  
Detail :  Retail Health Products Price :  200,000  
County :  Manatee Down :  77,000  
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
being offered for sale near a thriving upscale community near Bradenton and Sarasota, Florida.

Established locally in June 2013, the business has been organically grown through local marketing in the
surrounding community and has an established and loyal customer base. 

The business generates annual revenues of $765,783 on average for the last three years and Seller’s
Discretionary Earnings of $168,319. 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.


 

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: Y    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 N* ___________ 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 :  [email protected]  
USA Home Page :  sunbeltofflorida.com