Asking price: £135,000

Sales revenue: £250,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
A growing health food shop in an affluent suburb of SW London. This is a rare opportunity to acquire a business where the initial development costs have already been invested, the customer base built and the sales and profit are growing yet the business is new and fresh enough to provide excellent opportunity for growth. The business is located in a prime location in a busy shopping area and has a unique health food image which is strongly branded and supported by the extremely attractive signage and fixtures and fittings.

Years established: 2

Employees: 2

Trading hours: Monday to Saturday 9.30am to 6pm

Property: Leasehold

Lease terms
The lease has eight years to run of a ten year lease. The rent is £32,500 pa.

Location
The business is located in a prime location in the heart of a busy shopping area in an affluent, leafy suburb in South West London.The shop is two minutes walk from a major national supermarket, high street retail chain stores, cafés and major bank branches. The shop is also very close to three car parks and is positioned on a main road offering good visibility for passing traffic.

Expansion potential
The growth opportunities are substantial with relatively low levels of investment. There is plenty of space for expansion into new ranges such as the rapidly growing sports category, natural cosmetics and an extended range of natural skincare. A simple growth opportunity is to extend the current opening hours to include Sunday and late night Thursday. There is an opportunity to develop a website and offer internet sales. It may be possible to develop treatment rooms and offer alternative therapies to compliment the retail offer.

Competition / Market
There are no health food outlets in the suburb to compete directly.

Support & training
The current owner will be happy to assist with a full handover and training for a short period of time if appropriate to ensure a smooth transfer of the business to new owners.

Reasons for selling
Family reasons require the current owner to run another business full time

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