Health Food Shops for sale in Nuneaton

View the "Long Established Popular and Profitable Health Shop in a large secure unit in Warwickshire" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Long Established Popular and Profitable Health Shop in a large secure unit in Warwickshire

Nuneaton, Warwickshire, England

  • Leasehold Price: £40,000
  • Annual Turnover: £139,000
  • Annual Net Profit: £26,000
Seller Reference: PAX0203692255
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: PAX0203692255
Request Details
Business Description
Established in the 1960's, this is a thriving small business currently turning over in excess of £3,000 a week with a 43% profit margin.
The current owner has ran the business for 14 years.
It is suited to an owner / manager with a part time member of staff or a couple

The shop has recently re-located from an old small unit to a large modern air conditioned unit, located within a shopping centre. It benefits from new shop fittings.
The shopping centre benefits from increased footfall, with nearby retailers including Card Factory and The Post Office as well as a wonderful range of other independent businesses together with a secure location, security personnel and waste disposal services.

The relocation has enabled expansion into the increasing popular plastic free supply, which includes refills of ethical body care and home care products, as well as loose food.

The business prides itself on being very ethical and stocks a wide range of organic, gluten free, vegan and speciality food.

The main area of the business is the sale of supplements such as herbal remedies, food supplements, vitamins and minerals.
Also stocked is a range of body care, household products, ethical gifts and home brew.

There is a growing range of products from local suppliers, such as eco products and soaps.

The business benefits from Shopify POS & a full e-commerce website www.ecohealth.shop which integrates into eBay
The POS system makes ordering stock very easy and the shop is easy to manage.
We are very active on social media Facebook and Instagram @ecohealthshop

It has a 5 star food hygiene rating.

There is potential to expand into treatment rooms for a wide range of holistic therapies.

This is a wonderful lifestyle changing opportunity for anyone with an interest in health, well-being and ethical products. There is plenty of opportunity to expand the business with the right person and a little time

The business has 3 employees, the owner works from home (due to family needs, which is also the reason for selling) with 2 part time staff members running the shop

Rent is £12,000 p/a
Turnover £139,000 p/a (up £5,000 from the previous year)
Profit margin 43%

In 2019-2020 the business made £26,473 and a very similar amount the year before

Sale includes all fittings and equipment
Support will be given to ensure a smooth transition to the new owner
The price is inclusive of stock (last valued at £25,000)

With the impact of Covid-19, we are an essential business and have remained open throughout. We would have expected the turnover to have carried on going up but with decreased footfall nationwide, we now expect this years turnover to be very similar due to the increase in on-line ordering, the quick investment in the website and the increased use of click and collect. This figure is improving all the time as we move further away from the initial impact of the first lockdown in March 2020

Genuine buyers only please. If you are enquiring from outside the area, please explain why or we will not contact you
Trading hours:
9.30 - 5.00 Mon - Fri 9-5 Saturday
currently reduced due to Covid-19
Number of employees:
2
Tenure:
Leasehold
Support and Training:
Full training on all systems and procedures, with a 2 week cross over period to ensure a smooth transition
Location Details:
Superb large and modern shop located within a busy shopping centre
Is this business relocatable:
Yes
Request Details

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