Specialty Retail Store For Sale

Business description

This is a Specialty Retail Store in the Tampa Bay area providing customers with therapeutic ergonomic products to correct and relieve back issues and pain. The industry is gaining momentum, with over 76 million aging Baby Boomers who are taking a pro-active role in their health and wanting to maintain a high-quality lifestyle. The business has achieved earnings of $46,820 with limited hours of operation. A new buyer could maximize the true potential of the business and achieve higher earnings by expanding hours. Known for quality products and knowledgeable service the business offers a lifetime follow-up-product support on every item that is sold. There is great potential to expand growing internet sales through search engine optimization tactics. The business is an authorized online retailer for all products and complies with manufacturers pricing and business polices. The e-commerce site for the business generates sales outside the local trading area including international customers as far away as Hong Kong. Considerable potential exists for additional locations in “senior” type communities i.e. Sun City, The Villages etc. This is an excellent opportunity for any qualified buyer who is interested in expansion of growth and earnings for a business that is in a strategic position to capitalize on a growing industry and current market trends.

Property information

Real Estate:

Lease

Leasehold rent:

$581 per annum

Location:

The store operates in approximately 650 sq. ft. Base rent is $580.50 including taxes. The store relocated recently to this location resulting in lower sales volume. Lease expires March 31, 2010. Relocation to a higher traffic strip center location could generate greater sales volume.

Size in square feet:

650

Other information

Competition / Market:

The store is unique in its product selection and services offered and has no real competitors in the Tampa Bay area.

Reasons for selling:

Retirement

Trading hours:

Monday-Friday 10:00am-5:00pm, Saturday 10:00am-2:00pm

Furniture / Fixtures value:

$5,875 (included in the asking price)

Inventory / Stock value:

$16,000 (included in the asking price)