Vitamin & Supplement Franchise
www.GlobalBX.com
Listing ID:
700267121
Listing Title:
Vitamin & Supplement Franchise
Quick Link:
http://www.globalbx.com/listing.asp?bId=267121
Industry:
Retail
Industry Segment:
Health and Beauty Supplies Retail
Country:
United States
State / Province:
Colorado
Area
City:
Asking Price Range:
$250K - $500K
Gross Revenues:
$550,446
Cash Flow:
$100,487
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2015
Number of Employees:
1 - 3
Business Description:
Prime location of a leading vitamin and franchise supplement retailer.
The current owner purchased the first store in 2010 and was pleased with its success, so much so that he added a second franchise location in 2013. He has run this business as an absentee owner, but a new owner-operator could pay himself the manager's salary on top of the cash flow that the current owner receives.
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Competitive Overview
The franchisor is a pioneer in the market and has high name recognition and brand loyalty among consumers. The company actively supports franchisees through its advertising in local and national media.
Potential Growth
The market for vitamins and supplements is large and growing. Sales growth, already strong at 5.5% annually since 2000, is expected to accelerate to nearly 6.5% (compound annual rate) over the next few years.
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