Health Food Store-Profitable-$1.3 million Annual Revenues

Cranston, RI (Providence County)

Seller Financing Available
Health Food Store-Profitable-$1.3 million Annual Revenues
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Asking Price: Get Financing: $831,000

Cash Flow: $215,000

Gross Revenue: $1,280,000

EBITDA: N/A

FF&E: $150,000

Inventory: $100,000

Lease Rate: N/A /SF

Established: 1988

Health Food Store-Profitable-$1.3 million Annual Revenues

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Business Description

For over twenty years this profitable health food and naturals food grocery store has grown and served a loyal community of customers. Major products are supplements and gluten free products. 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. Sales exceed $1.3 million annually. Competitive prices, wide range of products.

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. Three family members are employed.

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

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,000 sf two story facility. Much parking. Full glass exterior.
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.
Financing:
Ten percent for credit strong buyer
Support & Training:
Two weeks equivalent, then open to long term consulting (subject to definitive legal agreement).
Reason for Selling:
Family moving to New Hampshire.
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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).


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