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Health Food and Vitamin Retail Store with Cafe

Off-Market

Palm Springs, CA

Retail Health Food And Vitamin Store With A Cafe

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Revenue

$2,600,000

Earnings (SDE)

$250,000

Margin

9.6%

Year Established

1994

Listed

Past Month

Customers

Store includes retail health products, grocery section, and full-service vegetarian/vegan café with juice bar. Serves health conscious customers and includes multiple departments: vitamins and supplements, homeopathic remedies, health and beauty products, essential oils, bulk foods grocery section, and a full-service café.

Customer Acquisition

Billboard advertisements, city signage, and word of mouth.

Team

The business employs 22 full-time staff members plus a full-time bookkeeper who handles accounting, payroll, and deposits.

Owner's Role

Owners, husband and wife, are involved in the business but do not actively manage the store. Their sons are both involved in the business, with one managing the cafe operations and the other handling store operations. They would both be willing to stay actively involved in the business post-sale.

Reason for Selling

The owner is looking to retire with his wife.

Contracts

No

Real Estate

The store occupies 4,500 square feet in a commercial shopping center, with an additional 1,000 square feet next door for refrigeration storage. The business operates on a triple net lease with approximately $13,000 monthly rent.

When Are You Looking to Sell

ASAP

Licenses Required

No

Business ID: 1876

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