Health Food Store - $189K Profit 70% ROI
Stock Included: No
Stock Value: 120,000
Years Est: —
Gross Revenue: 1,385,000
Located in a local shopping centre, established for many years and well known in the area. This very profitable store sells a range of health food products including vitamins and supplements, beauty products, organic fruit and vegetables, organic meat and has a vegan café attached. The business is being divested by a large organisation so it is a real opportunity to get into this healthy business.
A hands on owner will do well as has been demonstrated in other outlets divested by adding additional products, upgrading produce and services which will result in increased sales and profits.
Monday to Friday 7.30am -6pm. Saturday 8am until 5pm. Sundays 9am until 4 pm.
Lease to 31st March 2023 with 3 year option. Annual rent $103,000.
6 staff employed in the retail health food and café.
Reason For Sale
Corporate divesting of a store which was acquired with 3 others and this one was surplus to their needs.
About The Business
This whole food market was part of a group which was established in 1979 with two stores in Northern New South Wales and two in South East Queensland. It was one of Australia's leading retailers of natural and organic foods, and was acquired by a bigger group in April 2019.
This particular store is outside the corporate goals and is being divested. It is smaller than the typical stores that they run and is an excellent owner operator opportunity. It still trades as a brand that has been around for decades and not as a brand that the larger business has.
They are very selective about what they sell, with strict quality control and commitment to sustainable agriculture. They obtain products from all over the world as well as many small, uniquely dedicated food producers however there is plenty of scope for more. They strive at all times to offer the highest quality, least processed, most flavoursome and naturally preserved foods.
The team consists of people selected on their dedication to the brands lifestyle and beliefs. Encouraged to make their own decisions which creates a respectful workplace where people are treated fairly and are highly motivated to succeed and suits the healthy lifestyle of the business.
The sales staff are passionate about healthy food and the benefits it can bring to their customers. They play a critical role in helping to build the store into a profitable and beneficial part of the community.
Sale Price - $165,000 plus SAV but please submit all offers
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