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Business for Sale Summary

Vitamin Store For Sale - 28200

Business Type: gym/health club,best deals!,must sell/drastic price reduction!,new to market,seller financing available,misc. retail/non-classifiable,health/beauty/nutrition supply
Vitamin Store For Sale
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This business has received 21 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $140,000 Down Payment $105,000
Gross Revenues $240,000 Lease Remaining Register Free to View
Owner’s Cash Flow $30,000 Number of FT Employees Register Free to View

Financing

$105,000 Down and $35,000 FOR 2 YEARS %7%

Business Description

Nationally-known vitamin franchise, located on one of the major highways on Long Island. It is a 20-year-old business. The business is situated in an area in which the people are very health-conscious, so the business has developed a steady clientele over the years. Great store, super location, 100% absentee seller. Buyer must pay franchise fee of an additional $35,000 for 10-year franchise fee. Note- this store has several gyms in area, and is in need of a juice bar. Buyer can add juice bar with proper permits. Buyer can also use 2 large, completely finished rooms in lower level to add spin cycle, yoga, personal training or any similar service. Buyer can also sublet this space, as it has a separate entrance. This store is established 20 years. Last seller left help that was not qualified to run business, as he was not involved in business, which caused sales to drop. Experienced buyer or buyer with good marketing skills can double present sales. Triple AAA, desirable high-income location. Priced to sell fast. Seller and franchise will train. Great lease. 100% absentee seller takes out about $600 weekly for himself after paying manager. $140 daily. MUST SEE TO APPRECIATE! Past sales were over $500k. RENT INCLUDES TAX AND CAM AND FOR BOTH LEVELS. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.