This store is showing very strong growth with excellent staff, positioned in a high traffic flow location and part of a well-known buying group and a brilliant fit-out.
This industry sector continues to grow and represents a very lucrative opportunity.
Revenue
$2.3 million
Net Profit
$387,504
Potential
It has been growing for the past 3 years and is mostly run by staff, so a hands-on couple would get an immediate better return by doing some extra time in the shop.
Skills
Interest in healthy living is not essential but would be an advantage although the current owners are very happy to train in all aspects of running the business.
Hours
Monday to Friday 9am until 5:30pm
Saturdays 9am until 5pm
Sundays 10am until 3pm
Lease
7 years
Location
Coffs Coast
Employees
6 staff plus 2 owners part-time
Reason for Sale
Owners Retiring
About the Business
This business has proudly served the community for over 25 years. They have several naturopaths on staff, plus a nutritionist and beauty consultant.
The store combines all the elements of a traditional health food store with vitamins, supplements, skincare, cosmetics, sports nutrition, and food for all dietary requirements. Additionally, they have over 250 bulk food bins and many other food lines to satisfy the most discerning foody.
The store is in the largest shopping centre between Newcastle and the Gold Coast. With over 120 stores in the centre, it is ideally situated in the busiest area of the shopping centre. This greatly assists in achieving consistently high all year-round sales from the local area.
Being the prime retail centre in the region means that the store also benefits from many shoppers drawn from Woolgoolga to the north, Nambucca, Kempsey to the south, Armidale and Tamworth to the west. Additionally, the store attracts tourists holidaying in the region and sales to the many people travelling between Sydney and Brisbane.
History
Established 25 years.
Sale Price
$775,000 plus SAV
