Extremely Well Established Health Supplements Business
- Asking Price: £15,000 +SAV
We are advised the business is currently turning over in the region of £82,000 per annum with a gross profit in the region of £41,000.
Please quote reference B05519
- Tenure: Leasehold
Please quote reference B05519
Hilton Smythe are pleased to welcome to the market Your Health Store, North Road, Lancaster. Originally established over 10 years ago, the business has been operated by the current vendors for over 3 years, with the business coming to market as one partner is looking to retire and the other having other business interests.
The growth of health supplements and natural remedies has grown exponentially over the last 20 years with people seeking natures alternatives to man-made medicines and Your Health Store has been able to provide advice and a wide range of products to satisfy this ever-increasing demand.
The business currently stocks a range of health supplements, vitamins, natural remedies for everyday ailments and perishables, along with a range of natural toiletries.
Included in the sale will be the businesses social media page, which at the time of instruction has excellent 5-star reviews, along with google reviews being at 5-star, customer comments include – ‘Absolutely lovely. The owner is very nice, and the store has a great selection.’ And ‘Excellent selection across a wide range. Owner is incredibly knowledgeable and very helpful. 10 out of 10!’
Our clients are also offering a handover period to ensure the continued success of the business.
Your Health store also has 2 treatment rooms on the 1st and 2nd floor, these are rented out to clients on an hourly rate basis, with ample scope to increase the rental income.
The shop is also a ‘Safe Haven’ as part of the haven scheme, Lancaster. So, if anyone is feeling vulnerable, they can come here for a quiet, sit down, more information about this can be found online.
There is the opportunity for the new owner to widen the offering of remedies and also develop an online presence which would greatly benefit the business and provide the new owner with a healthy additional income stream.
Reasons to buy:
- Low overheads.
- Extremely well-established business.
- Plenty of scope for online sales.
- Excellent reputation and location.
The business is currently running with 4 staff members.
Monday - 9.30am to 5.30pm
Tuesday - Closed
Wednesday - 9.30am to 5.30pm
Thursday - 9.30am to 5.30pm
Friday - 9.30am to 5.30pm
Saturday - 9.30am to 5.30pm
Sunday – Closed
Your Health Store is located on North Road, Lancaster centre.
The business is surrounded by a wealth of complimentary shops and businesses which benefit from a high volume of footfall and passing trade. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the business.
The area is also well served by the A-roads, being within easy driving distance with the A6, which link to the M6 motorway network.
Double fronted retail shop, situated on North Road, Lancaster town centre. The shop has excellent eye-catching signage and an abundance of footfall.
- Retail area with behind counter storage.
- Office and treatment room 1.
- Bathroom and treatment room 2.
- Ample perimeter shelving.
- Fully slat wall panelled throughout the retail area.
- Central display units.
- Storage binnacles.
- Till and card reader.
- 2 treatment beds.
- 1-fold-away treatment bed.
Leasehold - annual rent of £10,800. The business further benefits from being rates exempt.