Health Food Store with Cafe

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Background

BizEx ID:BizEx1263-TM
General Location:Tulare County, CA
Category: Other Food Stores
Supermarkets
Years in Business:62
Under Present Owner:34
Hours of Operation:Mon-Thurs 9am-6pm; Fri 8am-5pm
Owner Hours:40
Training:4 weeks @ 40 hours
Organization Type:S-Corp
Lease Expiration:12/2019
Lease Options:(2) 3yr. Options
Building Size:3500 sq.ft.
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$250,000
Down Payment:Negotiable
Gross Sales:$665,038
Discretionary Cash Flow:$96,787
FF&E:TBD
Inventory Included?Yes
Inventory:$40,000
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$3,266
Payroll:$13,500
Financing:SBA

Pictures


Description

GROWTH & EXPANSION OPPORTUNITIES

Immediate sales growth can be achieved by simply opening the store on weekends!

By changing the current operation of weekdays 9am-6pm, to 7 days a week, a new buyer would make an immediate impact on the bottom line.

The deli selection could be improved and involve the community in the form of cooking classed and health seminars.

REASON FOR SELLING

Sellers are looking to retire and their children have built careers of their own in other industries. 

Their main goal in selling is finding a buyer who will carry on their business with a true interest in helping their community of customers achieve their health needs.

IDEAL NEW OWNER

The ideal new owner would have some experience and understanding of business and retail along with customer service.

They would also have a genuine interest and respect for health and the lifestyle that provides you with true wellness and fullness of life..


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Tony Miller
M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 143
Direct: (310) 801-0512
Lic#: 02004232

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations