SOLD

Under Offer! Profitable Food Manufacturing Business – South Australia

Adelaide SA
Under Offer! Profitable Food Manufacturing Business – South Australia

Last asking price $575,000

Sold April 2024

Food & Drink, Manufacturing, Food & Drink

Business ID: BS146466

TURNOVER: $1,396,000 ADJUSTED OWNERS EARNINGS $424,000


This business has been in operation for over 25 years with year-on-year growth.

The business produces high-quality beef jerky and beef stix using all Australian meat. The current two owners work a combined 30 hours per week allowing for a great work-life balance. The business also employs 5 casuals to do the manufacturing. The product is distributed through wholesale distributors and can be found in many service stations, marts, clubs, and pubs all around Australia.

The sale will include plant, equipment, and intellectual property. Dry stock such as pouches, display cartons, etc. currently worth $70,000 approx. will be included and valued at the time of the sale. The sale will also include two weeks of finished and packed products.

BUSINESS HIGHLIGHTS:

   -  Good revenue/cash flow

   -  Long established with a successful trading history

   -  Substantial profits

   -  Growth over the years

   -  Systems and procedures in place

   -  Great reputation in the industry

   -  Well-known and loved brand

   -  Work/life balance

This opportunity offers potential growth for a new owner while maintaining a work/life balance.

PRICE: $575,000

Property Code: 3611
        

Food & Drink for sale in Adelaide Region

See similar businesses for sale