Reference No: 3319687

Melbourne VIC

Price: $1,495,000

Well Established and Profitable Wholesale Food Distribution Business wit... For Sale

A rare opportunity to purchase this well established and profitable wholesale food business for sale. Family owned since 1989, loyal customer base, the business successfully services key regional markets in Victoria and New South Wales.
This Leading and Highly Profitable Independent Wholesale Food Distribution Business successfully services key markets in Regional Victoria and Regional NSW. Since its establishment in 1989 the business has continued to grow and is now a leading distribution business with revenue circa $10m pa and profits of circa $800,000k pa.  
The business is fully accredited with HACCP and is a member of the Countrywide food service network, Australia’s largest independent wholesale food service distribution group. The business is currently managed by a husband-and-wife team with the support of a terrific team of circa 17 staff members that include full-time, part-time and casual employees who are keen to remain in the business. The business represents excellent value for the new owner and is being sold with an extensive list of valuable business assets included in the sale.
The business has been built on the foundation of delivering quality products, leading brands and providing great customer service to an extensive client network. The business services mostly commercial clientele, including; restaurants, cafes, bars and clubs in the thriving hospitality, tourism and accommodation sectors.                                                                          
About the opportunity:
There are huge opportunities to grow the business which could include expanding its focus and distribution to include other products, markets and regions. It is expected that a focused and driven owner operator could achieve greater efficiencies, higher sales and improved profits. Features of the business include; Great strategic location, cheap rent less than 1% of turn over (only $50k pa + GST + OG); Quality, valuable assets included in the sale. Free hold property available separately at market value of $500,000. Very profitable business model set for further growth.
If you are interested in finding out more about this quality opportunity, please email (click to show email) or visit (click to show) or call 1300 BROKER (1300 276... (click to show)).
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Price: $1,495,000
Merchant Business Brokers
426 Hunter Street
Newcastle, NSW, 2300

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Contact: Ian Jones
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