High End Retail Health Food Store


Listing ID: 700269943

Listing Title: High End Retail Health Food Store

Quick Link: http://www.globalbx.com/listing.asp?bId=269943

Industry: Retail

Industry Segment: Health and Beauty Supplies Retail

Country: United States

State / Province: California

Area Northern California - Bay Area

City: San Mateo

Asking Price Range: $250K - $500K

Gross Revenues: $950,000

Cash Flow: $148,195

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1994

Number of Employees: 4 - 5

Business Description:
Long established, profitable retail health food store with corner location in high traffic shopping center. Store is highly visible to street traffic. The store offers one of the most extensive and exclusive lines of products including supplements, vitamins, health food, drinks, sports supplements, cosmetics and personal care items. Sales and profitability have remained stable over the last 5 years but there is opportunity for growth with proper promotion and outreach to new customers. The store also supports a website featuring a limited number of products. There is opportunity to grow sales via the website and promotion. The business is currently operated by a semi absentee owner and is managed on a day to day basis by the store manager who has been with the store since it opened in 1994. Due to health issues, the current store manager has not been able to keep up with day to day activities effectively. Currently the store manager handles day to day operations including ordering inventory and hiring/terminating employees. Ideally, the store could achieve its full potential and higher profitability with an actively involved owner/operator. Detailed financial records are available to support cash flow, earnings and expenses. Asking $175,000 plus inventory valued around $200,000

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