Health Shop Mandurah - Health Foods

6 days ago

Location:
Mandurah 6210 > Perth - Greater > Western Australia

Investment level:
$69,000 (Negotiable)

Type:
Business

Industry:
Retail > Specialty retail

Private Seller

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Summary

Health food shop for sale in Mandurah, suitable for owner operator and has been in operation for over 10 years. Wages in 2017/18 were $72,000 - attractive salary for new owner.

Revenue

$24,000 pm

Rent

$2,367 pm

Location Details

Shop 4 Meadow Springs Shopping Centre, Meadow Springs Drive,
Located in Meadow Springs Shopping Cetnre, ample parking, new renovations on the whole complex 2020.

Potential

A motivated owner operator. (current owners not operating inside store)

Just had new floors done, new fridge and has new Point of Sale.

The business has and comes with over 1300 loyalty members within the immediate locality which are registered on their email list for direct marketing. Also includes 561 facebook folllowers and a interactive website ready for onlines sale on the 'Shopify platform'.

Opportunities for growth include expanding on new lines and online.

Skills

Easy to operate - basic retail with a good point of sale software on the computer which makes life easy. Owner willing to provide help with handover/training.
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Hours

Open from 9AM - 530PM weekdays (6pm Thursday) and 9-5 Saturday.

Lease

Lease expires in 2022 - Just renogotiated with considerable drop in rent.

Employees

2 Casual - 1 Partime. (includes 1 casual Naturopath).

Reason for Sale

Net profit is not ideal for a 'hands off owner' and has been used as a tax deduciont for the last 2 years however, the store has operated for over 10+ years with solid wages - this is ideal for an owner operator to take a salary.

Owners do not work in store so wage expenses are a bit too hight at the moment which is affecting bottom line.

About the Business

This is a typical health food shop. Retail shop with one point of sale.

It makes a good investement for someone wanting to owner operate, pay themselves a decent salary and operate a health focused career helping others.

It is unique in the sense that it offers more of a selection of health foods than the local health shop in the forum. It differentiates from chemist as it provides products which are 'health food only brands' which are not sold in chemists.

Staff currently are delageted tasks to keep it operating.

One staff member does ordering from the computer( easy to learn - new owner is ready to provide 3 months hand over). Other staff help with customer orders, cleaning shelves, labelling products and receiving stock in.

The customers are local Mandurah and Meadow Springs customers who have been shopping there for years. Mainly female between the ages of 25-55.

History

This business has been in operation for over 10 years.

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