Independent Health Food and Supplement Retailer

Cook County, IL

Seller Financing Available
Independent Health Food and Supplement Retailer
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Asking Price: Get Financing: $199,000

Cash Flow: $125,300

Gross Revenue: $578,376

EBITDA: N/A

FF&E: $5,000

Inventory: N/A

Lease Rate: $29.44 /SF/Year

Established: 1980

Independent Health Food and Supplement Retailer

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Business Description

Excellent location - Long running business with unlimited growth potential

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.

Detailed Information

Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
Financing:
$19,900
Support & Training:
Mutually agreed upon training and transition
Reason for Selling:
Retirement
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Contact the Seller

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Mike Stone

Business Listed By:
Mike Stone

Playbook Corporate Advisory, Inc.

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Sponsoring Broker:
Jim Peddle

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