Location: Dolphin Quay Marina, Mandurah, WA
Industry: Health Food, Supplements & Herbal Dispensary
Years Established: 3 Years
Reason for Sale: Transitioning to new business ventures
The Herbology Lab is a well-established and respected herbal retail business with a strong customer base, a loyal following, and a proven track record of profitability. While ideally suited to a qualified naturopath seeking to leverage their expertise in a thriving dispensary environment, the business also presents an excellent opportunity for a non-practitioner owner. A new owner could expand operations by employing or collaborating with a naturopath to maintain and grow the highly valued dispensary services. With potential for extended trading hours and growth in both retail and consultation services, The Herbology Lab offers flexibility in ownership while maintaining its reputation for premium products and exceptional customer service. Established entirely through word-of-mouth referrals, the business holds significant untapped potential for further growth through expanded advertising and marketing strategies.
-Located in high traffic, tourist destination (Ocean-side Marina)
-Strong reputation, (trusted community service, loyal, engaged customer base)
-Taking $6000+p/w (5 days p/w, 34hrs)
-Reasonable rent (Option for 3 year lease renewal)
-Niche market (minimal competition)
– Stock Value: $46,818.90 (high quality brands, unique and diverse range)
