Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Health & Whole Foods Retail Shop In A Prime Location
LISTING DETAILS
Firms For Sale ID:
32656
Vendor reference:
AF159
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000
Turnover / revenue:
£495,000
Net profit / cashflow:
£70,000
Years established:
75
Trading hours:
Monday – Friday : 09:00 – 18:00
Saturday: 09:00 – 17:30
Sunday: 10:00 – 14.00
Number of employees:
3
Employees / staffing:
Currently run by the owner and three part time sales staff. Can easily be set up to run as an investment with minimum input from the purchasers.
OTHER DETAILS
Reason for selling:
Genuine retirement sale
Support and training:
Owner would be happy to stay and hand over for a negotiated period of time
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold with a 5 year renewable lease. The square footage is circa 600sq. ft and includes a shop floor, stock room and office.
The rent is £41,200 with rates of £14,084.
BUSINESS DESCRIPTION
Health & Whole Foods Retail Shop in a prime Location
Ref.AF159
Location Finchley Road, London NW1
Asking price: £150,000 +S.A.V
This 75 year established business was taken over by the present owners in 1973 and operates as an integral part of the local community, which features a highly professional and educated customer base. The business is in a prime high street location with established clientele. The close proximity to Hampstead Gardens Suburb provides an excellent affluent client base.
This business is an extremely well established health food and supplement retailer.
Well known in the locale for the wide selection of supplements and health foods, the shop retails a unique selection of products from across the world, that are not readily available in the supermarkets.
Expansion Potential
The business has grown organically and with further marketing could build on the existing excellent client base.
Market / Competition / Non-Competition Agreements
Internet only