Great Opportuninty for Retail Suppliment Store

Washoe County, NV

Store front of Max Muscle
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Asking Price: $75,000

Cash Flow: $50,000

Gross Revenue: $200,000

EBITDA: $50,000

FF&E: $40,000

Inventory: $10,000

Rent: $1,305 /Month

Established: 2003

Great Opportuninty for Retail Suppliment Store

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Business Description

Local Health & Supplement Store

Max Muscle of Reno has been a locally owned store for over 20 years, with a great customer base. This store is known for its customer service and knowledge in the nutrition and supplement industry. This is a Franchise store and the Parent Corporation was established in 1993. There are over 200 stores nationwide and is still growing as a successful Franchise.

Max Muscle of Reno has the backing of a National Branding franchise for 25+ years. Max Muscle has a National advertising fund that other supplement companies do not offer. Every one of Max Muscle’s products are designed by a panel of doctors, and continue to be one of the only companies who pharmaceutically quality control each batch of products made. Additionally, Max Muscle does strong research and development on the ingredients, before ever creating the proprietary blends within each product.

Max Muscle of Reno has been locally owned for 15-20 years. Throughout that time, Max Muscle of Reno has established a reputation for serving local businesses, with a foundationally grounded clientele and family-like atmosphere, building unprecedented trust with each customer. Northern Nevada is booming and Reno is on a rise. There are numerous gyms starting up, training centers expanding and the addition of several large companies in the area, all brining new opportunities to expand customer base. Sports nutrition and fitness are the top 10 companies increasing in the last 5 years, with projection for continued growth in the years to come.

This is a great business for an owner operated business model, so the existing clientele is confident in the continued integrity of the business. Max Muscle of Reno is a reputable Health Food retail store that carries top of the line supplements as well as Nutrition Consulting. It is the Nutrition Consulting that sets this business apart from other competitors and makes it appealing to the customer base.

Max Muscle of Reno is known for helping a wide variety of demographics including people of all ages seeking weight management, people that are looking for a healthy lifestyle, and also the serious minded competitor.

There are quite a few opportunities to improve marketing within the community (i.e. television, radio, special events), and within local community events and sponsorships. With an increase of inventory, the store would be able to build better profit margins, with the ability to drive in a higher volume of customer sales.

Additionally, with only one store within the Reno area, there is opportunity to expand to additional locations, building net income as well. With a substantial customer base and social media development intact; there are opportunities to optimize business, utilizing the contact information on file for in-store events and promotions within the store.

Detailed Information

Location:
Washoe County, NV
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
6/1/2018
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Heavy duty metal shelving, Display shelving, Window Signage, LED outdoor building Signage, Lighted Street view signs, Fully stocked Inventory, Easily accessible strip-mall, near Costco Shopping Center, two blocks from the Airport. Magazine racks, lounge chairs, Custom made counter, Stereo, Track lighting, Office desk, office chair, 2 file cabinets, Two large screen TV's for in-store advertising, Security Camera System, POS Cash register System, and Server, In-store memorabilia, small Chest Freezer, Cooler/Refrigerator. There is
Competition:
Max Muscle products are pharmaceutically regulated and tested. The Proteins are 90% pure and are termed by the FDA as Whole Food Supplements. There is a national magazine that distributes to the USA, and other Counrities across the globe. Max Muscle only allows the addition of outside companies and products which are held to the same quality control standard, ensuring the purity and affirmation declared from 3rd party vendors. Max Muscle stores are nationwide, circulating cross advertising between states.
Growth & Expansion:
Purchasing a locally owned store builds trust within local business and people, with numerous opportunities to personalize and connect in the community, and within people’s lives. Many large corporately owned chains, limit an owners freedom and accessibility to the public. Personalized service and trust in owner operated business is invaluable. The existing 5 mile territory rights over the last 15 years has a bigger footprint, with the continued and projected growth in the Reno area.
Financing:
Owner financing can be possible
Support & Training:
40 hours of training will be provided to learn the tools necessary to be successful to run this locally owned business.
Reason for Selling:
Relocating to different area
Franchise:
This business is an established franchise
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Business Listed By:
Philip Tracy

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