- Wholefoods & Health Food Outlet & Cafe
- Brisbane, Sth East Qld
- $145,000 + SAV
- ID2169
- Revenue$1,385,000
- Net Profit$189,767
- Stock At Value$120,000
- IndustryHealth Products, Import/Wholesale/Distribution
Summary
Located in a local shopping centre this very profitable store sells a range of health food products including vitamins and supplements, beauty products, organic fruit and vegetables, organic meat and has a vegan café attached. The business is being divested by a large organisation so it is a real opportunity to get into this healthy business.
Revenue
$1.385 million
Net Profit
$189,767 for one person.
Potential
A hands on owner will do well as has been demonstrated in other outlets divested by adding additional products, upgrading produce and services which will result in increased sales and profits.
Skills
Some understanding of retailing food and groceries plus a liking for a healthy lifestyle both financial and health wise.
Hours
Monday to Friday 7.30am – 6pm.
Saturday 8am until 5pm.
Sundays 9am until 4 pm.
Lease
Lease to 31st March 2023 with 3 year option. Annual rent $103,000.
Location
South-West Brisbane
Employees
6 staff employed in the retail health food and café.
Reason for Sale
Corporate divesting of a store which was acquired with 3 others and this one was surplus to their needs.
About the Business
This wholefood market was part of a group which was established in 1979 with two stores in Northern New South Wales and two in South East Queensland. It was one of Australia’s leading retailers of natural and organic foods, and was acquired by a bigger group in April 2019.
This particular store is outside the corporate goals and is being divested. It is smaller than the typical stores that they run and is an excellent owner operator opportunity. It still trades as a brand that has been around for decades and not as a brand that the larger business has. They are very selective about what they sell, with strict quality control and commitment to sustainable agriculture.
They obtain products from all over the world as well as many small, uniquely dedicated food producers however there is plenty of scope for more. They strive at all times to offer the highest quality, least processed, most flavoursome and naturally preserved foods. Why? Because food in its most natural state, with no use of artificial additives, sweeteners, colourings and preservatives, is the best tasting and most nutritious food available.
The team consists of people selected on their dedication to the brands lifestyle and beliefs. Encouraged to make their own decisions which creates a respectful workplace where people are treated fairly and are highly motivated to succeed and suits the healthy lifestyle of the business.
They do not employ qualified naturopaths in this store so this could be an additional service offered at no charge to the customer, making the care of customers paramount. The sales staff are passionate about food and the benefits it can bring to customers. They play a critical role in helping to build the store into a profitable and beneficial part of the community.
History
Established for many years and is well known in the area.
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