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Asking Price$469,000
Revenue$833,585 Established1974
Cash Flow$185,400 Employees5 full, 6 part
FF&E$125,000 FranchiseNo
Inventory$115,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 34153
Landmark Health Food Store. **Price Reduced** Established in 1975, this business has been serving the local community with all of their health food needs for 46 years! They offer a full-service juice bar, wraps, salads, soups and stews. They also offer grab and go options including cold pressed juices. In addition, the offer a full line of vitamins, supplements and organic groceries. The store is 1,700 sf. and located in a prime area. There are 10 years left on the current lease (5 5) with a rent of $6,200/mth. Store sales have been very steady of the past 3 years, despite the pandemic. 2020 gross sales were $787,801.00 with an owner’s cash flow of approx. $185,400.00 (this is a conservative figure). These are true and accurate figures that numbers come from the 2020 tax returns. The store has been recently renovated and updated. There is a full staff of 5 F/T and 6 P/T employees. The owner is seeking to retire, but will stay on board for a thorough training and transition period. We are seeking a serious and financially qualified buyer with some direct industry experience or experience in a related industry and at least $330K in liquid funds to cover the down payment. The sale price INCLUDES roughly $115K in inventory! Proof of funds will be requested prior to any meetings or phone calls with the seller. A qualified buyer may also be able to assume an existing $150K SBA loan to be repaid over 30 yrs. @ only 3%. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Training/Support:Seller will train
Seller Financing:350,000.00 Down & $149K over 5 yrs. @6% A qualified buyer may also be able to assume an existing $15
Sale Reason:Retirement
Ad #128758
Seller Reference #34153
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Vested Business Brokers
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