Popular Aromatherapy and Natural Cosmetics Retailer in Glastonbury

Glastonbury, Somerset
REF: R08214

Asking Price:
£49,500
Annual Turnover:
£82,000
Annual Net Profit:
TBC
REF: R08214
Photo of Popular Aromatherapy and Natural Cosmetics Retailer in Glastonbury
Photo of Popular Aromatherapy and Natural Cosmetics Retailer in Glastonbury
Photo of Popular Aromatherapy and Natural Cosmetics Retailer in Glastonbury
Photo of Popular Aromatherapy and Natural Cosmetics Retailer in Glastonbury

Overview

Tenure:
Leasehold
Established:
2015
  • Very Loyal Customer Base
  • Spacious Premises
  • Well Equipped Business
  • Equipment Included
  • Friendly & Professional Team

This is a fantastic opportunity to acquire a popular aromatherapy retailer, which is based in a high footfall area of Glastonbury and sells a wide variety of products, such as essential oils, natural cosmetics, and toiletries. Although the business has a manufacturing side, the sale only includes the retail high street division.

The business was first established in 2004 and was taken over by the current owners in 2015. Under the present ownership, the business has experienced significant growth, whilst also continuing to gain a loyal customer base and an excellent reputation in the sector.

Over the past 5 years, the store has been trading profitably, full to the brim with a huge array of products. The company’s fantastic, spacious premises are ideally located in a busy area of Glastonbury, which is ideal for their current, returning customer base.

The business prioritises providing customers with an extensive selection of aromatherapy and natural products, including aromatherapy premium supplies, skincare, hair care, hand creams, body oils, soaps, fragrances, speciality food and drinks, essential oils, and much more.

This long-established company always aims to meet the needs of therapists, practitioners, and consumers worldwide. The company is a major force globally in aromatic products, cosmetics, and toiletries. The excellent brand name is associated with quality and value.

A new owner passionate about natural products would be able to propel this business to future success, thanks to its established position on the local high street.

This business has a prime location in the centre of Glastonbury, with a great street presence and high passing footfall. This high-street spot, coupled with no local competition, should ensure plenty of trade for the new owner.

The front of the premises has a glass door and glass panels along both sides. The retail shop extends back and is very spacious. On the left, there is a POS counter, with shelving around the entire shop. There is a storage area and WC behind the client-facing area.

All equipment will transfer over with the business sale, including the shelving, décor, and POS system.

The current owners are happy to provide a business handover, in order to ensure there is a smooth and efficient transition.

This would be the ideal opportunity for a retail professional, who is looking to acquire their own, successful business.

There is huge potential for growth with this business, as there is a massive opportunity to expand the eCommerce side of the company, which would be a great way to increase trade. Furthermore, it would be brilliant to introduce additional products to the company’s range.

The business already has an excellent, easy-to-use website and a popular following across their social media channels, with 2,300 followers on Facebook and 700 followers on Instagram. The company also has a presence on LinkedIn, YouTube, and Pinterest. These platforms act as a great sales window for the business. It would be beneficial if the new owner continued to utilise and optimise these online channels.

Features

Online Presence

Location

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  • Nearby Car Parking
  • City Centre Location
  • High Footfall
  • Limited Competition
  • High Street Location

Property

Annual Rent
£19,999
Annual Rates
£3,480
Lease Term (Years)
20
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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