Business Summary:
Backed by a very highly rated franchise, this business is currently growing at 20%+ from the prior period last year. The business is located in a dynamically growing part of Cincinnati. A wholesome “feel good” business, this is a great opportunity for the right buyer who can continue to steer the business forward, building revenues and increasing profits.
The current owner works approximately 15-20 hours/week with most of his time devoted to another business. A simple business to learn and operate, there is plenty of potential for continued or accelerated growth.
INVESTMENT HIGHLIGHTS:
•Rated #1 in its franchise category
•Very well known brand
•Health food type product – consumer trends are positive
•Nutritional supplements also sold
•Sales are growing 15% EVEN IN AN ECONOMIC RECESSION
•2009 projection is likely to be achieved
•Well equipped, attractive store in a growing, excellent Cincinnati location
•Good employee base
•Business run semi-absentee
•Continue semi-absentee or be an active owner/operator and grow sales faster
•Potential construction (office / retail) next door will add customers and grow sales
•Highly likely sales growth can continue in 2010 producing a profit (ACF) of $90,000+
REASON FOR SALE:
The business is less than 1 ½ years old but the owner has decided he doesn’t like retail that much. He has another long time business, which is not retail, on which he prefers to concentrate his efforts.
PURCHASE PRICE:
The business is offered at $175,000 (reduced, was $200,000) including inventory based on an asset sale, free and clear of debt. The purchaser will be required to pay $12,500 for training and transfer of the franchise.
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