Location:	Somerset County
Years Established:	1998
Under Present Owner:	1998
Inventory:	$ 35,000
Cash Flow :	$ 56,400 (2008)
Rent::	$    2,295
Annual Sales:	$247,300 (2008)
Number of Employee :	2 the Owners
Asking Price:	$  160,000
Reason for Sale:	Management wants to re-enter import business

Established franchise of a major retail chain selling health supplements and nutritional products.  It was started by the current owner 11 years ago.  It is located in wealthy Somerset County, NJ in a mall anchored by two exceptional tenants.

 

The store is spotlessly clean and well organized and presents well to customer and prospective customers.  It is open six days a week, closed Sundays.  There is more than ample convenient parking for customers.  The nearest competitive store within the same chain is more than four miles away.

 

The owner is selling because he believes his true talents lie in the import/export business, which was his prior occupation.  He will assist a Buyer in an appropriate transition after a sale.

 

As this is a franchise resale, a prospective Buyer will need to comply with all the current requirements of the franchisor regarding transfers as well as attend the franchisor’s training program.

 

This is an excellent opportunity to be in retailing with an established store that has the support and products of a proven franchisor and can be operated with a minimum of employees.