Health Food Store-Fast Growing CBD Sales-$1.28 million Annual Revenues

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Asking Price:
$831,000

Gross Revenue:
$1,280,000
Cash Flow:
$215,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

For over thirty years this profitable health food and naturals food grocery store has grown and served a loyal community of customers. Major products are CBD oils, supplements, holistic body care, gluten and allergen free food products. CBD oil sales have risen from a zero base to a six figure annual run rate. Complete range of natural food products for health conscious consumers. Very interesting and educational shopping experience in a 6,000 sf facility with thousands of products. Knowledgeable staff who have contributed to the growth of this regional brand. This is a loyal customer community supported by product education in an economically strong area. Sales exceed $1.2 million annually. Competitive prices, wide range of products.

Ten percent Seller financing for credit strong Buyer (need full personal guaranty). Two years, straightline, principal and interest, 8%.

Modern two story facility near major college. Much parking.

Three family members are employed.

The sale includes over 5,000 database email contacts.

Who should buy this business? Owner-operators who believe in natural products as well as strategic acquirers seeking a presence in this major retail district.

Modern two story facility near major college.

Growth opportunities include adding on line sales ecommerce capability to web site.

About the Business

Year Established:
1988
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
6,000
Facilities:
6,000 sf two story facility. Much parking. Full glass exterior.
Market Outlook/
Competition:
On line marketing with often limited product lines and lacking direct sales approach offered by this company.
Growth & Expansion:
Develop in store-Juice and protein bar cafe.

Selectively expand supplements.

Create home delivery good service program.

Add on line sales to web site.

Continue and grow the educational component of this business model including hosting expert speakers on site as well as offering relevant content rich reading materials.
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About the Sale

Reason For Selling:
Family moving to New Hampshire.
Training/Support:
Two weeks equivalent, then open to long term consulting (subject to definitive legal agreement).
Seller Financing:
Ten percent for credit strong buyer

Listing Info

ID:
1447590
Ad Detail Views:
980

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Business Listed by

Robert Flynn

United Brokers Group LLC

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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