MergerPlace

Specialty Retail

Utah (Washington)


  • Asking Price: $199,000
  • Gross Income: $356,389
  • Cash Flow: $65,277
  • Real Estate: Not Disclosed
  • Inventory: $77,000
  • FF&E: $20,000
  • Listing ID: #201881
  • Established: 2003
  • Employees: 2 PT

Business Description

Specialty retail store for sale in Southern Utah. This business is a well-established, well-respected franchise in one of Top 10 fastest-growing areas of the country.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Utah
County: Washington

Company Information

Year Established: 2003
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $199,000
Gross Revenue: $356,389
Cash Flow: $65,277
FF&E: $20,000
Inventory: $77,000
Seller Financing Available: No

Property Information

Facilities:

Retail lease - 1200 square feet.

Growth & expansion opportunities:

With revenue growth tracking well in excess of 20% for the current year and a product-mix that's perfectly matched to this fast growing region's market and demographics, this is a rock solid business poised for additional growth in the right hands.

Competition:

This business is the primary provider of the goods and services it sells in the area. Because of this company's reputation and efficiency, it's oldest and largest competitor decided to focus on different areas of their business and began referring all of its business in niche to them in late 2016. Although there is potential for additional competition, this business is well positioned to remain the leading provider in the area ongoing. There is also the clear opportunity to expand its focus beyond the the more technical, medical-related products and services it provides, to include products that appeal more generally to comfort and fashion-focused customers.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 4 weeks @ no cost. This franchise focuses on several niche markets that fall between normal retail and specialty, medical-related products. This businesses core products have a significant impact on their client's well being and are often medically necessary. Franchisees are scientifically trained using a proprietary process to help them deliver a high-level of service and satisfaction to each customer.

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Business Listed By:

Richard Lundquist

Murphy Business Brokers