Profitable Retail Health Food Business in Lincolnshire For Sale
Undisclosed, Lincolnshire
- Status
FOR SALE
- Date Submitted:
03/10/23
- Advert ID
600606
- Reference
VC441L / Rightbiz
- Call Agent:
- Leasehold: £99,950 (Stock at valuation)
- Turnover: £450,000 (£8,654 Per week)
- Net Profit: £35,000 (8% Profit margin)
Key Features
- Accounts Available
- New Lease
- Fully Fitted
- Town Centre location
- Prime Location
- Attractive Business
- Close to Local Amenities
- Adjacent to Multiple Retailers
- Established Business
- Retirement Sale
Business Details
LINCOLNSHIRE LOCATIONS, CONFIDENTIAL SALE OF PROFITABLE RETAIL HEALTH FOOD BUSINESS
This business comprises of two Independent Traditional Health Food Shops in 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 consistent turnover of over £450,000 for the last 3 years trading, with an adjusted net profit in excess of £35,000 in the last financial year.
These popular independent health food shops have 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, these businesses would suit an owner operator/couple or cooperative who would like a lifestyle change managing their own business or for someone acquiring additional businesses for their portfolio. Price to include the goodwill of this going concern, the production of a new commercial lease on shop 1 and the assignment of the existing commercial lease for shop 2, the entire inventory of trade fixtures, fittings and equipment.
Contact Agent
Listing Statistics
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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.'.
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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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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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