Genuine Retirement Sale – Established 1994
Turnover £380,184 – Up 10.8% Year on Year
Asking Price £49,950 + SAV
Vandervells are delighted to offer for sale Spice of Life, a much-loved independent health food and wellbeing retailer which has been serving Bourne and the surrounding area for more than 30 years.
This is a genuine retirement sale offering an incoming owner the opportunity to acquire an established business with a recognised local name, loyal customer base, experienced staff, longstanding supplier relationships and annual sales approaching £400,000.
The business occupies a prominent position within a popular pedestrianised shopping precinct with the benefit of free customer parking. The premises extend to approximately 1,164 sq ft including storage and are comprehensively fitted for the trade.
The extensive product range includes natural and whole foods, organic, vegan and vegetarian products, gluten-free and specialist dietary foods, loose herbs, spices, cereals, nuts and seeds, chilled and frozen foods, vitamins and supplements, natural personal care products, household refills and a wide selection of local and artisan products.
A BUSINESS READY FOR ITS NEXT CHAPTER
Turnover increased from £343,240 in the year ended March 2025 to £380,184 in 2026, an increase of £36,944.
The business is currently producing only modest accounting profits, reflecting its present management and staffing structure rather than a lack of sales. The retiring owner is now only present approximately three days per week and an incoming hands-on owner may have considerable scope to review staffing, operating costs, product mix, margins and stockholding. No allowance for any potential savings has been included in the advertised figures.
There is also considerable opportunity to develop the business through online ordering, local delivery, click & collect, social media and email marketing, loyalty schemes, subscription products, hampers, events and partnerships with complementary health, fitness and wellbeing businesses.
The business would particularly suit an individual, couple or family prepared to become actively involved, although it could equally appeal to an existing health food retailer or complementary business looking for an additional established location.
An experienced team is already in place and the owner and family are prepared to provide a comprehensive handover, including introductions to suppliers and guidance regarding products, customers and the day-to-day operation of the business.
PREMISES
Leasehold.
Current Rent: £15,000 per annum plus service charge.
Approximately 1,164 sq ft including storage, with extensive retail shelving and displays, refrigeration and freezer equipment, refill sections, EPOS system, staff facilities, storage and rear delivery access.
Assignment or a new lease will be subject to landlord's approval.
ASKING PRICE
£49,950 PLUS STOCK AT VALUATION
This represents an unusual opportunity to acquire a long-established independent retailer with annual sales of approximately £380,000 for a relatively modest initial goodwill investment.
The foundations are firmly in place – established name, loyal customers, experienced staff, longstanding suppliers and a fully fitted shop – ready for a new owner to bring fresh energy and ideas to the business.
Viewing strictly by appointment through Vandervells LLP.
Reference: VR480L
