Hilton Smythe is delighted to welcome to the market this well-established and popular health food business, situated within the indoor Tommyfield Market in Oldham, Greater Manchester. The business was originally founded 35 years ago and has been in our client's careful ownership since 2006. Only now is the business being offered to the market due to our client's other business interests. Here's Health Food Stores generated a very healthy turnover in the region of £101,000 as of the 2016 accounts, with a gross profit of approximately 37%.
Our client offers a wide range of health foods and supplements including Pharma Nord products, which are halal certified. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The three stalls are spacious with racking and shelving to suit the trade.
We feel the turnover could be increased by extending the range of goods available. The business would also benefit from the launch of a website to promote the health food and supplements available and perhaps offering online ordering facilities. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
TENUREWe are advised Leasehold:
Rent: £1,040 per calendar month.
HOURSThe business is open:
Monday - Saturday: 9.00am - 5.15pm
Sunday - Occasionally, such as Christmas
STAFFThe business is owner run and managed.
FINANCIAL PROFILEThe business generated a very healthy turnover in the region of £101,000 as of the 2016 accounts, with a gross profit of approximately 37%.
Here's Health Food Stores Ltd occupies three adjoining stalls within the indoor Oldham (Tommyfield) Market in Greater Manchester. The business is surrounded by a plethora of complimentary small businesses and market stalls; therefore benefitting from a vast amount of footfall. Tommyfield Market is located within the heart of Oldham and houses over 115 businesses, making it a very popular place within the town for shopping. The opening hours of the market are Monday to Saturday 9.00am to 5.15pm. Oldham is a large town in Greater Manchester and as of the 2001 census it had a residential population of 103,544.
The area of the business is well-served by the public transport system, with several bus stops within easy walking distance. Oldham also benefits from the Metrolink tram system, with links to Manchester and Rochdale. The area is also well-served by the A-roads, with the A627 being within easy driving distance of the business. Oldham lies 5½ miles south-southeast of Rochdale and 7 miles northeast of the city of Manchester.
Three adjoining stalls in a very popular indoor market, briefly comprising:
Serve over counter with electronic cash register and fax machine.
Product display units.
Racking and shelving to suit trade.
Two large display windows.
Hand wash basin.
The business is well signed and positioned.