Independent Health Food and Supplement Retailer

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Excellent location - Long running business with unlimited growth potential
Asking Price:
$199,000

Gross Revenue:
$578,376
Cash Flow:
$125,300
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$5,000
included in asking price

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Business Description

This must-see family owned and operated health food and supplement retailer is located in a busy strip mall in the Northern Chicago Suburbs. The business has been in operation for over 30 years and has an excellent reputation in its community. It is the longest running health food store in its territory, giving it an edge over its competitors. Most of its customers have been loyal to the business for years, providing excellent word of mouth marketing and referrals.

The Company prides itself on its excellent selection of health food and skincare products, including hard to find items. There is an excellent opportunity for growth in the supplement side of the business which has not been developed to its full potential.

The current owner has no employees and oversees every aspect of running the business. A new owner has an excellent opportunity to build the business from the ground up with all the systems currently in place. The Company is in an excellent position to grow and a new owner could easily accomplish that with a marketing plan and expanding the supplement product lines.

Interested buyers are required to execute an electronic NDA prior to the disclosure of the name and location of the Company. Please call Jim Peddle at 312-525-9622 or email at info@playbookadvisory.com.

About the Business

Year Established:
1980
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Rate/Sq. Ft./Yr.:
$29.44
Facilities:
The Company has operated out of the same, single location for the last few decades. Its facility is 2,400 sq/ft and rented from a third-party landlord.
Market Outlook/
Competition:
The Company has several direct competitors in the form of other businesses in the same industry in its territory. However, neither of these businesses have the Company's longevity or diverse product offerings.
Growth & Expansion:
A new owner has unlimited opportunities to expand The Company’s marketing presence including creating social media accounts, updating the website, hiring more employees, networking with other businesses like gyms and charities, and going to trade shows. The sky is truly the limit for what a new owner could do with the business.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Mutually agreed upon training and transition
Seller Financing:
$19,900

Listing Info

ID:
1559628
Ad Detail Views:
67

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Business Listed by

Mike Stone

Playbook Corporate Advisory, Inc.

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Sponsoring Broker:

Jim Peddle
Playbook Corporate Advisory, Inc.
License# 310001536

U.S. Census Data for Cook County, IL
Age

Gender

Ethnicity

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cook County, IL
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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