Well Established Health Food and Nutrition Retailer in Stoke-on-trent, Staffordshire for Sale
- Asking Price: £145,000 +SAV
- Turnover: We are advised the business generates a turnover in the region of £256,000 per annum and a gross profit of approximately 32%.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market this well-established health food and nutrition retailer business in Staffordshire. This is a lucrative opportunity to purchase a well-established Online Ecommerce Retailer (and physical shop) of Sports Nutrition Supplements in a booming and ever consumer growing industry. Established in 2011 they have already served over 20,000 customers online alone by supplying over 40 well-known brands nationwide and internationally. Also attached to the Leasehold premises is a physical shop. As this business is the largest retailer of these products in the Staffordshire area the shop enjoys regular repeat custom and is very well established in the local area. The premises is in a prime location close to gyms and the town centre.The business is experiencing steady growth with turnover being up 20% from the last financial year. This company has 7 figure turnover potential with a new owner in place. Recently sponsoring the World's Strongest Man which will air on Channel 5 in December 2014 to 1.7 million viewers will give enormous exposure to the company brand and in turn increase sales immediately and moving forward. The company has strong supplier relationships meaning reliability of supply and good costing. Efficiency of in house systems means customer service is at record levels ensuring repeat business and competiveness in the online market space. Their social media presence is growing, already at 17,000+ followers over Facebook and Twitter combined. YouTube and Google + views total 106,000+ combined. Also attached to the website is their Blog which has over 100 unique, professionally written articles from industry experts bringing much added value to the business and for consumers. The current Newsletter subscription stands at nearly 3,000 targeted readers. Also attached to this sale is their sister company which was started at the beginning of 2014. The second company is its own brand of sports nutrition. The brand is already developed and secured by trademark. These products have up to a 70% gross margin. Although both companies work synergistically with each other the sister company has its own identity, website, and social media following and is seen by the consumer as a separate entity. The brand also currently has exclusive supplement sponsorship with the UK's Strongest Man (currently 6th strongest in the world), and a Paralympics silver medallist (these agreements may or may not be continued with the new owner). The brand is moving forward progressively but has massive scope to move forward with a new owner. The sale of this brand would also bring strong and reliable industry manufacturing contacts which are ordinarily hard to find. There is still much room for improvement with this business and it is an exciting and profitable opportunity for any potential buyer. We advise an early appointment to meet with the owner for further details and to avoid disappointment.
The business is owner run and managed with the assistance of 1 staff member.
The business is open: Monday - Friday: 9am till 5pm Saturday: 10am till 2pm Sunday: closed
The business is located in Stoke-on-Trent, Staffordshire. Situated on the large Fenton industrial estate the business benefits from easy links to the motorway and major roads. The industrial estate is located on the arterial road A50, which leads to Fenton, the road also connects to the A52. The business is located approximately 10 minutes outside the centre of Stoke-on-Trent and around the same distance to the nearest train station. Stoke-on-Trent is situated about half-way between Manchester and Birmingham and adjoins the town and borough of Newcastle-under-Lyme. To the east is the Peak District, which includes part of the Staffordshire Moorlands District, as well as parts of Derbyshire, Greater Manchester and West and South Yorkshire. Stoke-on-Trent has a population of approximately 469,000.
Large industrial unit, briefly summarizing:- The business is working from a 1300 sq ft industrial unit with a retail area. Ground FloorThe area has a client facing counter for sales with product displays behind the counter and an electronic cash register. The main store area has high quality shelving and racking to suit the trade with 2 central aisles for storage. The area also has an office with desks, filling cabinets and computers. Toilet Facilities ExternalOut of the premises is a forecourt area for parking.
We are advised leasehold. Original lease length: 3 yearsRemaining lease length: 6 monthsReviewed every: 3 yearsRent: £603 per month