Very Profitable Health Food Store - High Traffic Location

Pinellas County, FL

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Asking Price: Get Financing: $500,000

Cash Flow: N/A

Gross Revenue: $830,000

EBITDA: N/A

FF&E: $75,000

Inventory: $75,000

Lease Rate: $19.76 /SF/Year

Established: 2004

Very Profitable Health Food Store - High Traffic Location

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Business Description

Highly Successful, well established business in an attractive Neighborhood Shopping Plaza with National Tenants both on site and in close proximity generating very high traffic to the property. An extensive variety of natural products, inducing a large selection of quality vitamins and supplements, compliment the large selection of natural and organic food products. The business enjoys a long standing and loyal customer base. New owners can Significantly increase NOI/Cash flow by operating the business and eliminating some or all of the Current Employee Payroll.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
9/30/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business enjoys a desirable location with good visibility and adequate parking in a multi-tenant retail center. The store has a modern appearance with complete display shelving, POS system and other equipment needed to operate the business.
Competition:
Store enjoys a prime location in a very high income area that has limited competition.
Growth & Expansion:
Buyer has the option to modify the product mix and introduce other items & lines that could expand the sales and customer base.
Support & Training:
Up to 30 days of detailed training.
Reason for Selling:
Seller has other business interests outside of the immediate area.
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Lawrence Richards

Business Listed By:
Lawrence D. Richards, CCIM

Key Solutions Real Estate Group - Commer

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