- Byron Bay Business Run by Staff and Supervised by Owner
- New South Wales, Northern Rivers NSW
- $350,000 + SAV
- ID2174
- Revenue$1,125,430
- Net Profit$183,659
- Stock At Value$100,000
- IndustryHealth Products, Retail
Summary:
The ideal business for Byron Bay which has been established 17 years with the same owners. A community based business with 75% of sales made up from locals and the balance from visitors who register and shop online for a range of products concentrating on beauty and health.
Potential:
Add some allied health services in the treatment room currently sub-contracted out to a massage specialist, so the premises lends itself to Kinesiology, Naturopath and Meditation.
Skills:
Staff mostly cover the bulk of the work load with the owner covering one shift a week – full training prior to takeover.
Hours:
Monday – Friday 8.30am – 6.00pm.
Saturday 9.00am – 5.00pm.
Sunday 10.00am – 5.00pm.
Shorter hours in winter.
Lease:
3 years and 3 months to run however an extension to 5 years is possible to approved applicants.
Employees:
4 casuals spread over the seven days. Owner works one day.
Reason For Sale:
The owners are retiring after 20 years.
More About The Business:
The business concentrates on organic health and beauty products, wholefoods and supplements. It is located in a community centre with high foot traffic due to a range of functions held there.
It is part of a co-operative group which is Australia’s largest health food group and gives it some buying advantages. It also stocks locally produced products which are not available in other stores. This brings a high number of clients registering for their newsletter so they can buy online.
Byron Bay has a health orientated population, so this is the ideal business for this area. Solid financial performance over many years.
The health food industry has been a strong growth business for almost a quarter of a century, so this business is a secure opportunity for an astute buyer.
History:
The business has been established for 17 years.
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