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32 Year Successful and Profitable Retail Business

Selma, TX
Store Front
Store Front
Asking Price:$588,900
Inventory:$240,000
EBITDA:$123,669
Established Year:1992
Gross Revenue:$947,912
Rent:$9,429.29/Month
FF&E:$29,412
Listing ID: 2315594Listing provided by BizBuySell
BUSINESS DESCRIPTION

Located N.E. San Antonio in The Forum shopping center I-35 & Loop 1604

Started in 1992, this successful vitamins, supplements, body care, gifts, home accessories, specialty foods/drinks and essential oils business can be a non present owner operation. It has been in the same location since 2001. It has an established on-site manager and great staff. It is located in a fast growing area with high traffic exposure. It operates with three POS registers. It has a fully integrated RMH inventory management system with touch screen monitors and credit card processing terminals. In store cameras allows for remote work and monitoring of store operation. This turn key business maintains an inventory value between $225,000.00 and $250,000.00 and has average gross retail sales of $1,009,000.00 (over the last 5 years, 2019-2023). It has an established website with over 27,000 customer database. Incudes the name Good Stuff and it's 32 years of recognition in the customer service area with a high repeat customer base.

The offering purchase price is $588,900.00.

DETAILED INFORMATION
Location
Selma, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,640
Lease Expiration
31/10/2025
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All furniture, fixtures, coolers (one two door and one three door), two back office computers (with desks and chairs), 3 POS stations (touch screen monitors, cash drawer, scanner, receipt printer, credit card terminals with credit card processing agreement), 2 bar code printers, RMH licenses (three POS lanes and three manager users), sales report features, two line phone hardware, Good Stuff Sign and cleaning/office supplies. The monthly rent amount includes the store's portion of taxes and CAM charges (fees to maintain the shopping center).
Competition
Market customers include the population within a 30 mile radius of the company's current location in Selma, TX. The company's location on IH-35 and Loop 1604 expands this customer base because of the access to extremely high traffic volume and a rapidly growing area. Primary cities served: Schertz, Selma, Universal City, Live Oak, Converse, Cibolo, Gardenridge, New Braunfels, Marion, LaVernia, Northeast San Antonio. Primary competition includes HEB, GNC, Amazon. Company effectively differentiates itself with superior customer service & great selection.
Growth & Expansion
Taking advantage of on-line selling could be a growth opportunity as well as future additional locations as well as adding a private label band with store logo. Participate in local health fairs. Increased marketing spend. Currently very little money is spent on marketing outside of the visibility and customer draw provided by The Forum shopping center.
Support & Training
Owner is willing to provide two weeks (Monday -Saturday maximum eight hours per day) training on RMH software operation/inventory management. Additional time can be negotiated at an hourly rate.
Reason for Selling
retirement
BUSINESS LOCATION
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