EK016 -Herbal Medicine Retailer Three retail outlets
Business for sale
Asking Price:
£130,000
Turnover:
£250,000
Annual profit:
£50,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business has been trading successfully for nearly ten years with increasing numbers of clients who have found that herbal and alternative medical therapies can be used alongside other treatments for a wide range of common health problems. These treatments are becoming more popular and in many cases are replacing traditional ‘Western’ medicines.Two of the businesses are located in areas with an ethnically diverse population, which provides a high level of regular, repeat clients.
Currently managers are in place at each of the shops, on a self-employed basis. This informal arrangement allows the owner to run the business on a part time basis by delegating the day to day running of the businesses to the managers. This arrangement could be altered by new owners, if required.
The shops are well stocked and provide a broad range of products and services. Aside from all the herbal remedies that are available, the business also offers acupuncture and other therapies at each of its branches.
Excellent connections are in place with China that have assisted the business in successfully sourcing the herbal medicines that have helped the business to grow. The new owner will be made aware of these connections in order to source the products from Far East.
It is important to state that all products stocked by the business are available to buy within the UK.
Employee details
Fulltime staff:
6
Parttime staff:
0
