Innovative Fitness and Nutrition Supplements Business

5 days ago

Location:
Carindale 4152 > Brisbane - Greater > Queensland

Investment level:
$165,000 + SAV

Type:
Business

Industry:
Food & Drink > Vending > Vending Machine

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Internal Ref: 3358

Summary

Innovative Fitness and Nutrition Supplements Business

About the Business

The business is a retailer of fitness related supplements and refreshments via vending machines all located in established fitness centres throughout South East Queensland.

• Consistent cashflows with 2019 Sales $317k for 3-4 days work.
• The portfolio has grown each year to a current total of 41 sites and still growing.
• Very easy to operate business and could be from home office and run under management.
• Strong asset backing with high quality vending machines and a vehicle included in the sale price.

This business could be your entry into the lucrative and growing health and nutrition supplements industry. With a focus on convenience for customers, the business provides a range of supplements and refreshments on site which generates strong cashflows and good profit margins.

The owner works around 22-27 hours per week (as at Sept 2019) and has full flexibility of the days and times he works and the operational role could easily be performed by an employee. Currently run from a home office with the use of a storage shed of 3m x 5m.

Sales continue to grow considerably on the back of new sites and the drop off rate for sites is very low and current site owners value the service provided and their share of revenue generated from each vending machine. During 2019, the owner grew the portfolio using leased or rented machines and it is proposed that 8 rental agreements (out of 41 machines) are transferred in the sale.

Note - images are provided for display purposes only and may not accurately reflect the business advertised for sale.

Contact Business Brokers Queensland on 1300 699 480 for further information on this business or to register for regular email updates on new businesses go to our website at www.bbqld.com.au.

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