Highly Profitable Health Food & Natural Supplement Store

Phoenix, AZ (Maricopa County)

Highly Profitable Health Food & Natural Supplement Store

Asking Price:$1,999,000

Cash Flow:$625,000

Gross Revenue:$3,923,000

EBITDA:N/A

FF&E:$100,000

Inventory:$400,000

Lease Rate/Sq. Ft.:$1.41

Established:2001

Highly Profitable Health Food & Natural Supplement Store

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Business Description

A very unique Natural Food and Supplement Store featuring a large inventory and broad selection of supplements (vitamins, herbs, etc.), natural beauty products, natural groceries, sports nutrition, gluten free products, raw foods, Non-GMO, and more. Supplements stocked in the store include leading brands and hard to find unique brands. By offering discounted prices they offer supplements at lower prices than the chain heath food stores and have a larger selection. The staff is very knowledgeable of the products and their benefits. The store has an excellent reputation, name recognition and many repeat customers. The store carries approximately 18,000 SKUs and is known as the store to find items that cannot be found in other stores. GREAT CASH FLOW. CLEAN BOOKS & RECORDS. Contact Arnie Lakeyn, M & A Intermediary, The Paragon Group, West USA Realty-Broker. 480-776-5831 direct line, 602-316-8712 cell, arnie@arniejlakeynpc.com. Prospectus Available.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,660
Lease Expiration:
6/30/2019
Employees:
9FT, 4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established Location in a well maintained strip Mall with frontage on a busy street, 3,669 sq. ft. of well utilized and laid out space. Good parking. Lease expires on 6/30/19. Good Landlord. New lease could be negotiated.
Competition:
Whole Foods, Sprouts Markets. The pros are that this store carries a very large assortment of supplements many of which cannot be found at the larger stores and at better prices to the consumer. They are also well known for their customer service with a staff of highly trained and knowledgeable employees. Healthcare professionals such as Naturopathic Physicians and other alternative health practitioners give in store seminars that attract customers.
Growth & Expansion:
Focus on upgrading the website to include E-Commerce sales and Internet Marketing. Focus on better pricing from suppliers. Better utilization of shelf space by evaluating product lines that are less profitable and replacing them with more profitable lines. Look into opening on Sunday and staying open one hour later during the week to accommodate customers who work during the day.
Financing:
TBD
Support & Training:
Two weeks of familiarization/training at no charge to buyer. Seller will be available as needed thereafter during the transition period.Seller will agree to a six month to one year consulting agreement if required.
Reason for Selling:
Seller ready for change.

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Arnie Lakeyn

Business Listed By:
Arnie Lakeyn

The Paragon Group-West USA Realty

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Sponsoring Broker:
C Dale Hillard

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