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Refer to Broker
$5,150,000
Business Broker
Melbourne
Business Broker
Melbourne
Currently on offer is a frozen and pre-packaged food supplier of restaurants and other hospitality establishments in Northern Victoria. It has established itself as a trusted distributor of food service supplies, having been operating for more than three decades.
* More than $5 million in revenue in the past 2 years
* Catalogue exceeding 1,000 products
* Operating since 1992
Alam El Basha, Nathan Hulls and the team at LINK Melbourne are thrilled to bring this food service supplies distributor to the market. The business has been operating for more than 30 years, establishing itself as one of the distributors of choice of hospitality operators in northern Victoria. It has more than 1,000 different products, enabling it to diversify its revenue stream.
The business has benefitted from loyal customers that continue to support it over the years. Revenue generation is distributed well across the current customer database with the top clients only contributing approximately 6% to overall revenue. As such, the business demonstrates that it is not reliant on any single customer.
Strategically positioned, the business has a broad reach in northern Victoria. Moreover, the location of the business is conducive to transit, being capable of reaching out beyond its geographic location through major thoroughfares.
Purchasers of the business have a great opportunity to further improve revenue. New owners may expand the business’s geographic reach to attract more customers. Additionally, the business may start retail operations to target end-users to penetrate a new market.
To learn more about this exciting opportunity, contact us today! We would be glad to provide more details to qualified purchasers.
Listing ID: ME02850
Broker: Alam El Basha / Nathan Hulls
Phone: +61 407 990 000 / +61 458 092 721
Email: alam.elbasha@linkbusiness.com.au / nathan.hulls@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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