Food Manufacturing Business
Melbourne Region, VIC
Last asking price $695,000
Sold June 2023
Food & Drink, Manufacturing
FOOD MANUFACTURING BUSINESS FOR SALE
This food manufacturer based in South Eastern Melbourne produces frozen goods to the hospitality industry, and enjoys strong loyalty in the marketplace.
The business supplies a select loyal and local customer base directly, with the balance of their sales through distributors who supply both local and regional customers.
The business has been trading for over 15 years, 5 days per week from a modern well equipped facility. Operated by 2 owners and 4 full time employees the business turns over in excess of $1,200,000 and shows growth each year.
Fast Facts:
- T/O 2017 - $1,207,375
- T/0 2016 - $1,130,080
- Rent $63,000
- Lease (Owner prepared to structure lease 5x5x5)
Features:
- Business Established 15 years.
- Annual increase in sales
- 2 Owners, 4 Fulltime staff, casuals as required
- Well equipped clean facility
- Large number of clients
- Vendor will assist with transition for up to 4 months if required
Reason For Sale:
Vendor wishes to retire.
Discussion to be held in the strictest of confidence after a confidentiality agreement has been signed.
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