Health & Nutrition Store- Extremely Easy To Run!

Alameda, CA (Alameda County)

Health & Nutrition Store- Extremely Easy To Run!
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Asking Price: $185,000

Cash Flow: $105,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $12,000

Inventory: $90,000

Rent: $4,850 per Month

Established: 1989

Health & Nutrition Store- Extremely Easy To Run!

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Business Description

Store has a great reputation in the community and has been around approximately 30 years. Sale includes wholesale inventory of approximately $90,000!

Extremely easy to run due to streamlined processes and modernized systems, established by implementing an app-based and Cloud-based point-of-sale system, ordering system, and inventory management system.

Great niche by selling natural, organic supplements, body care and packaged food items. The high standards for quality of products sold are organic with no chemicals or junk ingredients and as close to all natural as possible. The existing loyal and new customers appreciate this and trust what is carried as a result.

Business in large part is protected by internet and other online retailers as FDA prohibits health claims made for supplements, so people still need to come into stores to talk with staff and learn more about products. Business has also established relationships with core vendors for discounted wholesale pricing that allows it to effectively compete with internet pricing. Other growth potential would be to offer same-day delivery through Uber and other delivery services, as well as scaling the mail order side of the business. Store currently has its own private label in place. A lot of seniors in the area have a hard time getting out to stores. More potential by marketing and opening other stores in the area where there is no competition. Currently Business has a full time experienced manager in place.

• SDE for working owner of $105,000
• 1,430 square feet (includes a nice large back office and storage space).
• $4,850 rent including CAM’s
• 3.5 Years on lease with option to renew for additional 4 years.
• $90,000 wholesale inventory included in sale!

SBA Approved: Pay No Principal & Interest for 6-Months on 7a Loans!

This is a great business that is priced very well with much more potential. Priced at a 1x multiple based on inventory sold at retail, included in the sale!

Detailed Information

Location:
Alameda, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,450
Lease Expiration:
4/1/2023
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great location and lease rate based on area. 1,450 square feet with back office and storage.
Competition:
Some competition on-line but no competition in area making this a great opportunity.
Growth & Expansion:
More growth by on-line sales, opening more stores and delivery opportunity.
Support & Training:
Yes. Full support and training by seller.
Reason for Selling:
Concentrate on other location and business
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Miles Pruitt

Business Listed By:
Miles Pruitt

CSR Business Brokers

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Ad#:1690785

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