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Asking Price$449,000
Revenue$986,000 Established1991
Cash Flow$160,000 Employees4 full-time
FF&E$100,000* FranchiseYes
Inventory$51,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
$105K down buys more than $160K in existing annual cash flow! This existing well-established 20 year business is a part of a national franchise that makes and sells a premium product very important for good health. This product has become increasingly important to aging baby-boomers. A product that everyone wants, needs and buys! If you want to own your own business, prefer to purchase something established with a strong foundation, representing a well-known national brand, would prefer manufacturing, but also recognize the value of control over retail sales, would like a proven "systemized" operation that allows you to delegate day-to-day operations in favor of marketing and strategic planning, want to raise your family outside the hustle and bustle and taxes of the Chicago suburbs, but be close enough to the city to enjoy the shopping, sightseeing and culture and want to be in business for yourself, but not by yourself...then you've finally found the right listing! Sound too good to be true? Incredibly, there’s more…EXTRAORDINARY OPPORTUNITY…Due to the strong established sales of this market, the franchisor is willing to allow the buyer of this business to absorb an established adjacent $1MM market for a fraction of the normal cost. This opportunity to combine markets and leverage the existing manufacturing facility saves the buyer more than $160K and DOUBLES the income potential to $2M!
Facilities:are located in a beautiful standalone building. The 6,700 ft facility consists of a large showroom, offices, production area and warehousing. The showroom is trimmed to the latest franchisor specification and customers are serviced with the latest POS software. Located across from a very popular enclosed mall, it has windowed frontage and prominent signage. This is an appealing and hard to miss location!
Competition:This business participates in an $8 billion industry which has experienced a record-breaking growth and is poised to continue this trend. It has all the advantages of strong branding...including one of the highest rates of repeat and referral business in the nation. It is repeatedly voted the top brand in established markets throughout the country.
Growth Potential:Amazingly, the sales for this store have sustained a 12.9% compound annual growth rate over the past three years (throughout the recession!) and cash flow has nearly doubled to $160K over that same period. On top of all this, you have the option to add an additional $1M territory for a fraction of what it would cost anyone else!
Training/Support:Initial training by the franchisor will take place in a local Midwestern retail operation, followed by up to 3wks of on-site training by the seller. Additionally, the franchisor provides ongoing market training, professional sales training and employee training takes place in regional sales meetings and on-line systems.
Seller Financing:Based upon solid financial performance and continued growth, the business has been pre-approved for
Sale Reason:Retirement
Ad #31403
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Contact This Seller
Douglas Walker
Sunbelt Business Brokers of Greater Chicago
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