Retail Business

Business Opportunity for Sale
Catylist Listing ID: 30674451
Property Subtypes: Retail Stores
Building Size (RSF): 2,000 SF
Sale Price: $250,000
Name of Establishment: Natural of Course
Year Business Established: 2000
Gross Revenue: $409,445 (Annual)
Cash Flow: $71,863 (Annual)
Relocatable Business: Yes
Sale Terms: Cash At Closing
Last Updated: 4/7/2021

Overview / Comments

Natural of Course is a locally owned and operated health food store located at 8000 W. Central in Wichita, KS, just three blocks west of Ridge Rd. Natural of Course has been at this location for over 27 years and is open from 9:00 am to 6:00 pm Monday through Friday, 9:00 am to 5:00 pm on Saturday, closed Sundays and Holidays. The owner, has over 45 years of experience in the field of natural health All staff members participate in product training sessions on a regular basis, and all staff members have the knowledge and experience to help all customers address their health concerns and achieve optimal health.
Curious or confused about your own nutritional needs? Go into the store for your free nutrition consultation.
Natural of Course carries a wide variety of high-quality nutritional supplements, well-known weight loss products, gluten-free foods, and body care products. Looking for familiar brands? Natural of Course stocks NOW, Jarrow, Nutraceutical (Solaray), Nature's Plus, VAXA, Enzymatic Therapy, Enzymedica, Carlson's, Nordic Naturals, Natural Factors, BioCoffee, Nature's Way, ReNew Life, Hyland's, Gaia, Herb Pharm, Mrs. Meyers, Country Life, Nature's Sunshine, Natural Vitality, Source Naturals, and Planetary Herbals, plus several others. This store has one of the best prices in town on Wyldwood Cellars Elderberry Concentrate.
The coolers are stocked with Barlean's flaxseed and fish oils, ghee, Tazo drinks, raw nuts and seeds, Penta and other waters, as well as a wide variety of excellent probiotics from one to 200 billion in strength. You will find gluten-free breads, tortillas, hamburger buns, and cinnamon-raisin bagels. We also carry hemp hearts, flakes and powder as well as free-range ground turkey.
The current owner is retiring and offering his business to all qualified buyers, and interested parties. Included in this sale are all furniture, fixtures, & equipment, customer lists, inventory, website, name, and company good will. This business maintains excellent financial and inventory records on computer, which will be shared with all qualified buyers and investors.
The real estate is leased for $1,900.00 per month, which includes 1/12 of the annual real estate taxes. Trash, electricity, water, gas, sewer, internet, and website are monthly business expenses as well.
The 2,000 square foot end cap property is located in the Wood Acres Shopping Center, with four parking stalls per 1,000 square feet leased. The parking includes two handicapped parking stalls.
Neighbors in the shopping center include Rind and Grind, Edwards Jones, Mary Kate & Company Salon, BSN Sports, West Wichita Minor Care Clinic, Genesis Health Center, and Wakim Dentistry. Bishop Carroll High School is located just across West Tyler Street from this business. Vehicles passing this business daily on W. Central Ave. is 21,450. There is not any real estate included in this sale - only the retail business.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Industry Segment: Other Retail Stores
Reason for Selling: Owner is retiring.
Value of Inventory Included ($): $92,000
Value of Furniture, Fixtures, and Equipment ($): $8,940
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: NNN
Part of Planned Development?: Yes
Mgmt/Training Support Description: Seller to train buyer as discussed and agreed.
Competition/Market Description: Competition exists.
Seller Financing Description: No Seller Financing Available.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,385 79,270 162,063
Median Age: 35.91 38.3 36.82
Households: 5,674 31,497 64,590

Contact

Photograph of Listing Agent

Royce Jantz

Nikkel & Associates
KSCRE Member
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