Health And Organic Food In Store In Sydney For Sale

Business description

Well known and well established for 27 years this business is an icon with its clients and is situated in a prime position in a trendy and popular shopping precinct area in the Lower North Shore which has an exceptionally upmarket high income demographic .
The store trades as an independent store and is NOT part of a franchise or licensed group. As such the Vendor can purchase his goods from wholesalers of his choice and negotiate discounts and trade terms accordingly.
All staff are experienced and qualified nutritionists. The owner works 4 days a week. Products include health foods, organic products, vitamins, skin care, etc.
The business operates 7 days.
A new owner will be walking into a proven operation with established procedures and policies and be supported by an experienced and highly dedicated team.

Property information

Real Estate:

Lease

Lease terms:

2 years plus a further option of 4 years.

Leasehold rent:

$135,000 per annum

Location:

The store is 70m2 in size and trades in the front of the store on Saturdays. The store is located in an extremely well known and popular retail precinct on the Lower North Shore.

Premises details:

the store is 70 m2 in size internally.

Size in square feet:

70 m2

Business Operation

Expansion potential:

The store has no web presence whatsoever and this will provide fantastic opportunities. In addition the clientele are crying out for a home delivery service and again this could boost sales.

Competition / Market:

There is only 1 traditional health food store nearby but they do not sell any fresh food stuffs.

Reasons for selling:

In order to be able to travel to see grandchildren who reside overseas.

Trading hours:

The store opens 7 days a week.
Monday to Friday: 8.30 am to 6 pm
Saturday: 8 am to 5.30 pm
Sunday: 10 am to 5.30 pm
It trades on reduced hours on public holidays but is closed on Xmas, Boxing, New Years Days and Good Friday.

Employees:

5

Years established:

27

Other information

Support & training:

The owner will provide support and training to a new owner.

Furniture / Fixtures value:

$20,000 (included in the asking price)

Inventory / Stock value:

$80,000