Profitable Retail Health Food Business in Lincolnshire For Sale
Bourne, Lincolnshire
- Status
FOR SALE
- Advert ID
600606
- Reference
VR480L / Rightbiz
- Call Agent:
- Leasehold: £70,000 (Stock at valuation)
- Turnover: £320,000 (£6,154 per week)
- Profit: £20,000 (7% Profit margin)
Key Features
- Close to Local Amenities
- Accounts Available
- Prime Location
- Fully Fitted
Business Details
BOURNE LINCOLNSHIRE SALE OF PROFITABLE RETAIL HEALTH FOOD BUSINESS SPICE OF LIFE
This business is an independent traditional Health Food Shop in Bourne, South Lincolnshire. After many successful years of trading the owner and family have decided to bring the business to market for the first time. A fantastic opportunity for a ‘hands on’ Owner/Operator with a keen interest in health, well-being and ethical products. There is plenty of opportunity for the right person to expand and develop the business.
The Business produces healthy turnover and margins and is a quality proposition, with huge potential. Financial accounts show turnover of over £320,000 for the last years trading, with an adjusted net profit in excess of £20,000.
This popular independent health food shop has built a great reputation with an emphasis on a friendly, professional service. They are well-known in the area for supplying high quality natural, ethical and healthy products.
Boasting 5* customer reviews, this business would suit an owner operator/couple or cooperative who would like a lifestyle change managing their own business as this would enable you to reduce the wage bill which is currently over £55,000 per annum or for someone acquiring additional businesses for their portfolio.
Price to include the goodwill of this going concern, the assignment of the existing commercial lease, the entire inventory of trade fixtures, fittings and equipment.
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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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