5 days pasta manufactory for a retirement sale Adelaide northern Suburb

Asking Price $350,000
5 days pasta manufactory for a retirement sale Adelaide northern Suburb
Price: $350,000 +$15,000(stock approximately)

Financial Information:

Net profit for a working couple: over $180,000 a year

Business Information:

Retirement sale.
First time on the market during the last 27 years.
5 days business with work and life balance, close Saturday and Sunday. Trading between 8am-4pm.
One owner only works 4 days a week.
Manufacturer business, a rare opportunity on the market.
Extremely cheap rent of $28,000/a.
Mainly B2B business, with a small number of retail customers.
The business was not impacted by COVID.
Business is continuously increasing with stable customers.
With complete plant & equipment, second hand value is minimum $150,000. With two walk-in freezers and one walk-in cool room.
One full time manager and 2 casual employees.
The business can be handled by a working couple with one casual staff.
Solid financial report and complete information, confident for any buyer to do due diligence.
The current owner will assist the buyers after settlement until they are fully confident. The training period is negotiable.
It is the best opportunity for a husband and wife team. This can maximize the profit and save one staff salary.
With great potential to further develop the business: the vendor will show the directions to the new owner.
Requirements to the buyer: good English, solid finance (cash ability, with property or pre-approval from the bank), owner operator is preferred.

Please ring Yiling Tang now or send an email to obtain further information.
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