Hereford Organic Wholefood & Body Care Shops for Sale in Prime City Center Location
Hereford, Herefordshire
- Status
FOR SALE
- Date Submitted:
20/04/22
- Advert ID
294023
- Reference
VH406H / Rightbiz
- Call Agent:
- Leasehold: £149,950
- Rent: £31,000
- Turnover: Not Applicable
- Net Profit: On request
Business Details
HEREFORD CITY CENTER ORGANIC WHOLEFOOD AND BODY CARE SHOPS
• HISTORIC OLD CITY CENTRE PEDESTRIAN LOCATION
• VEGETARIAN AND VEGAN HEALTH FOOD BUSINESS SINCE 1978
• ORGANIC BODY CARE SHOP OPPOSITE - ESTABLISHED 2017
• SIGNIFICANT AND LOYAL LOCAL COMMUNITY SUPPORT
• TURNOVER Y/E 2021 - CIRCA £780K (body care shop closed for 4 months due to COVID) - NET PROFIT FOR A FULL TIME WORKING COUPLE i.r.o £95K
• ATTRACTIVE AND WELL MAINTAINED GROUND FLOOR HEALTH FOOD AND BODY CARE RETAIL OUTLETS WITH AMPLE BASEMENT AND FIRST FLOOR STORAGE. ADDITIONALLY THERE ARE TWO THERAPY ROOMS, KITCHEN, TOILETS, STAFF ROOM AND OFFICE.
LEASEHOLD £149,950 for goodwill and assets and/or share sale plus SAV
REF VH406H
NOTE:- The lease on the smaller premises (Lotions and Potions) is not to be renewed in April so that both businesses are amalgamated under the existing double property after a refurb/refit, thus the combined rental going forward for both businesses will be substantially reduced.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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