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Vitamins and Supplements by National Franchise

Newark, DE (New Castle County)

Vitamins and Supplements by National Franchise
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Asking Price: $115,000

Cash Flow: $70,000

Gross Revenue: $356,693

EBITDA: N/A

FF&E: $25,000

Inventory: $50,000*

Rent: $2,440 /Month

Established: 1999

*not included in asking price.

Vitamins and Supplements by National Franchise

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Business Description

This nationally known vitamin and supplement franchise located in Newark, Delaware is available for sale because the current owner has had difficulty managing the store on an absentee basis. It is in a great location in central Delaware in a very busy shopping center and has the potential to increase sales and profits. The store is currently staffed by a General Manager and two part-time workers. Both the current owner and the franchisor believe, that for the store sales to improve in both sales and profit, an owner operator would be the ideal buyer of this business.

Detailed Information

Location:
Newark, DE
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
2/1/2023
Employees:
1 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facility in very busy shopping center with parking. Property is owned by franchisor. When approved by franchisor to buy this business, franchisor will lease the property to acquirer.
Competition:
Well known respected franchise.
Growth & Expansion:
With greater supervision and marketing, new owner should be able to expand business.
Support & Training:
Owner will transition. Franchisor will train buyer.
Reason for Selling:
Owner has no time to supervise because of other obligations.
Franchise:
This business is an established franchise
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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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