40 year profitable vitamin/nutrition store. Owner retiring.

Niles, IL (Cook County)

40 year profitable vitamin/nutrition store. Owner retiring.
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Asking Price: $78,500

Cash Flow: $139,000

Gross Revenue: $578,000

EBITDA: $65,000

FF&E: $20,000

Inventory: $20,000*

Rent: $5,888 /Month

Established: 1978

*not included in asking price.

40 year profitable vitamin/nutrition store. Owner retiring.

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Business Description

Highly profitable, estabished store

Owner retiring after 41 years - one of the region's best known health/vitamin/nutrition stores. Store has always been profitable. Priced to sell. Owner will train. Special opportunity to step into a success. Especially ideal for anyone interested in health.

Detailed Information

Location:
Niles, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully stocked and running business. All shelves/ refrigerators, freezers, equiptment etc. are included in sale price.
Competition:
We have many customers who have shopped here for decades. This is the store the others send customers to for hard-to-find products; we are 'famous' throughout the area.
Growth & Expansion:
The business is based on referrals and repeat customers. No advertising. Easy to modernize and build the sales volume. Must see!
Support & Training:
Owner has built an established customer base and will train/introduce to everyone.
Reason for Selling:
Owner is retiring.
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Business Listed By:
Fred Lacy

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