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AF094-Health Food Retailer - Greater London, London £675,000 |
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This high street retailer has been reaping the rewards of the booming trade in health food products since opening ten years ago. The business has firmly established an enviable reputation with customers on the basis of excellent service standards and an extensive range of health food, vitamins and supplements.
The product range is largely imported from the United States and is notable for its diversity and high quality standards. A large number of customers have been gained as a result of the extensive range of products on offer. An excellent relationship with a number of suppliers has resulted in the business maintaining very good profit margins while still offering consumers competitive prices. A large repeat customer base has been built up over the years as a result of word of mouth. Also, due to the locations of these three retail premises, there is a continuing growth pattern from the number of constantly passing footfall. |
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Potential: |
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The market for health foods has been steadily growing for a number of years and shows no signs of slowing in the near future. There is a huge amount of potential for this business to grow over the coming years, mirroring the success that has been seen since the company started trading. More aggressive marketing techniques could significantly increase market share and capitalise on the predicted growth of the industry as a whole. |
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Lease Details: |
The company currently leases three separate retail premises in high street locations. The leases will expire in 2014, 2019 and 2021 respectively. The total cost of occupying the premises is £160,000 per annum. |
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