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Organic Wholefoods & Health Food Outlet &

$ 145,000.00
Reference Number
2512
Title
Organic Wholefoods & Health Food Outlet &
Date business was established
1979
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Summary
Located in a local shopping centre 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.
Revenue
$1.385 million
Potential
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.
Skills
Some understanding of retailing food and groceries plus a liking for a healthy lifestyle both financial and health wise.
Hours
Monday to Friday 7.30am - 6pm.
Saturday 8am until 5pm.
Sundays 9am until 4 pm.
Lease
Lease to 31st March 2023 with 3 year option. Annual rent $103,000.
Location
Brisbane
Employees
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 wholefood 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.
History
Established for many years and is well known in the area.
Annual Nett Profit
$ 189,767.00
Location
Country
Australia
States
Queensland
City
Brisbane
Post code
40000
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