Total Nutrition

Sherman, TX (Grayson County)

Smoothie Bar
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Asking Price: $150,000

Cash Flow: $32,000

Gross Revenue: $385,000

EBITDA: N/A

FF&E: $33,730

Inventory: $35,000

Rent: $1,561.87 /Month

Established: 2011

Total Nutrition

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Business Description

Highly Profitable Nutrition, Supplement Store and Smoothie Bar

Highly profitable, established vitamin/sport supplement and smoothie bar located in the finest upscale high traffic location. Total Nutrition has a 2000+ customer base. A+ Rating with the BBB. Revenues have been strong and stable over the past 8 years. Easy to run with all systems and employees in place. This is not a franchise. Store was just renovated with over 35,000.00 in improvements, including our top of the line Smoothie Bar. We are surrounded by 5 gyms and 3 Crossfit gyms. We have a great relationship with all of the gyms and will often set up booths when asked. You have 2 colleges within 6 miles of the store. Please visit us on Facebook and Instagram to see just how popular our store is. We have a huge support with our Hospitals, Schools,Churches, First Responders and Gyms with a large customer base and solid reputation. Total Nutrition continues to attract new customers while maintaining its reputation with existing ones.

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
5/31/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2000 SF of beautifully remodeled store located in a small (4) space stripmall with ample parking. Remodel included rustic wall shelving, POS counter, security cameras, ceiling tile, carpet & smoothie bar updates to compliment decor. POS system upgraded to VEND. 95% of all equip is new. Our new InBody body composition analyzer attacts a multitude of people. Testing is free and has brought in over 300 new customers. This was a $6,000 investment that has paid for itself many times over. Lease is a (2) year term. Can renew every (2) years. (Home Based)
Competition:
To be honest, we have not had any competition at this store. You have a few nutrition stores in the area, but they are all different. Our only real competition is online retail such as Amazon, BodyBuilding.com and such. Although, online retail hasn't affected us at all. This is where our smoothie bar is a key component. Customers may order from an online retail store, but that same online order can’t deliver that awesome smoothie or acai bowl at the same time. If you keep a satisfied customer base, you will continue to be successful.
Growth & Expansion:
Pros: Total Nutrition has been in Sherman for eight (8) years and has established itself as the top nutrition, supplement and smoothie store. We also have exclusives on several of our product lines keeping our closest competition at least 45 miles away. We are the only Smoothie bar in Sherman and the only store that offers Acai Bowls. Studies have shown that Acai Bowls are very popular with College Students. Great marketing tool as we have 2 colleges within 6 miles of our store. Cons: Online orders (But have really not hurt us at all)
Financing:
Will Send Updated Cash Flow And Any Other Information upon request
Support & Training:
Seller will provide two weeks of training at no cost. Additionally, seller is local and can provide ongoing support even after the initial two weeks training. Our Employees are the greatest. They know the store as well as the owners. Both employees have been with the store over 4 years.They know all our customers by first name.
Reason for Selling:
Approaching Retirement and want to spend more time with family.
Home-Based:
This business is Home-Based
Business Website:
http://totalnutritionofsherman.com
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Business Listed By:
Barry Reed

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