Well Respected Nutritional Supplement Store
Waterloo, IA
| Asking Price: | $147,000 |
| Gross Revenue: | $338,304 |
| FF&E: | $17,890 |
| Cash Flow: | $66,715 |
| Inventory: | $60,000 |
| Established Year: | 1969 |
Listing ID: 1984972Listing provided by BizBuySell
BUSINESS DESCRIPTION
This well respected health food store for sale in the Waterloo/Cedar Falls metro is turnkey and ready for a new owner to step in and start making money on day one. The business stands out in the competitive environment of health food and supplement retailers due to its inviting atmosphere, top-notch service, and a large, diverse offering of product lines highly sought after in the current market. The loyal customer base provides steady revenue thanks to the knowledgeable staff who offer solutions for a wide range of health concerns including strengthening immunity, managing stress, reducing pain and improving sleep. The business also benefits from an excellent location with high traffic and good visibility.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located in a 1,200 sq ft. retail space with a retail showroom, offices, restroom, and a utility room. The business is conveniently located on one of the highest-traffic intersections in a heavily populated area of Waterloo with great visibility to local commuters.
Competition
The store has a diverse and loyal base of customers, ranging in age from young to older generations. Many customers are on a first name basis with the owners and have been frequenting the business for many years. They also have an e-newsletter list of 750 subscribers with an open rate of 25%.
Growth & Expansion
Additional growth could be generated by extending operating hours, offering additional product lines such as luxury soaps and other high-margin personal care items or by adding locations to capitalize on the proven business model established by the owner. The addition of an online ordering system could extend the reach to customers outside their current footprint. New local customers could be attained through partnerships with local fitness centers, and healthcare providers.
Financing
Seller will support modest Seller Carry as part of a quality offer.
Support & Training
As required.
Reason for Selling
Retirement.
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