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Summary
In operation for over 17 years. Business has built up a loyal clientele over this time. Located in a thriving village with a high proportion of customers embracing the healthy beach lifestyle.
Revenue
$1,365,000 pa
Rent
$149,000 pa
Expenses
$1,029,000 pa
Net Profit
$187,000 pa
Location Details
Located in an affluent suburb on Sydney's Northern Beaches
Potential
The opportunity exists to purchase an existing, successful and profitable business with a reliable income stream and explore the potential to:
• Enhance online retail services
• Maintain the professional reputation with naturopathic and nutritional practitioners and medical
practitioners within the area.
• Further grow an established business in a strong location
• Build the existing customer database with the loyalty program and online customers
There is also space to add a consultation room or more storage space on-site
Skills
If you are either a fully qualified Naturopath and Nutritionist would be ideal but not essential as the business is supported by a specialist and qualified staff who are trained in a variety of natural health modalities and are an integral part of the business’ success.
There is a requirement for at least one staff member to maintain professional qualifications in the Naturopathic and Nutritionist fields and the current support staff satisfy this requirement.
Hours
7 days
9am to 5pm
Lease
current lease to November 2024 with extension options until 2028
Employees
The Owner is a fully qualified Naturopath and Nutritionist, able to provide advice in these areas as well as herbal medicine.
The business employs six casual staff, including a Naturopath, Nutritionist, and Homeopath.
Reason for Sale
The owner is selling the business after 17 years to pursue a lifestyle change. As such, the owner is willing to sign a non-compete agreement with the new owner and is open to assist the new owner through a 2-to-4-week transitional phase.
About the Business
The business’ owner is a fully qualified Naturopath and Nutritionist supported by a specialist and qualified staff who are trained in a variety of natural health modalities and are an integral part of the business’ success. The key to the success of the business and ongoing customer loyalty is built on the efficient and consistent professional and personal services offered and a successful Store Customer loyalty program which retains customer satisfaction, presenting a solid database of both past and existing customers.
Key Points
• Well established reputation gained over last 17 years
• Broad offering of products and services across many categories including:
o Qualified Naturopathic and Nutritional advice o Practitioner products
o Homeopathic and nutritional remedies
o Vitamin & sports supplements
o Children's health supplements
o Maternity and baby accessories
o Natural & organic beauty products and personal care o Natural & organic food and beverage products
o Non-toxic home and cleaning products
o Kitchenware
o Sustainably sourced clothing
• In store and online retail and home delivery.
• Broad base of local, Australia wide and international customers.
The Business specialises in:
• Qualified Naturopathic and Nutritional advice
• Practitioner products
• Homeopathic and nutritional remedies
• Vitamin & sports supplements
• Children's health supplements
• Maternity and baby accessories
• Natural & organic beauty products and personal care
• Natural & organic food and beverage products
• Non-toxic home and cleaning products
• Kitchenware
• Sustainably sourced clothing
History
The current owner bought the existing health food business in 2005. For the last 17 years, the owner has built a business with very loyal local, national and international customers.b The key to the success of the business and ongoing customer loyalty is built on the efficient and consistent professional and personal services offered and a successful Store Customer loyalty program which retains customer satisfaction, presenting a solid database of both past and existing customers.
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