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Refer to Broker
$3,000,000
Business Broker
Melbourne
Business Broker
Melbourne
Ready for acquisition is a high-performing food products distributor and wholesaler located in one of Northern Melbourne's most accessible industrial precincts. The business offers top-quality food items to various cafes and restaurants across Greater Melbourne. With abundant resources and excellent customer base access, it presents an appealing opportunity for passionate owner-operators.
*Taking $3,000,000 PA
*Industrial complex location
*500 sqm premises
*1,000+ products
*5 service vehicles
*Secured customer base
Nick and Kristy Kolaitis and the team at LINK Melbourne are thrilled to present a reputable food products supplier in Melbourne to the market.
Since its establishment in 2017, the business has established itself as a trusted supplier of food items to numerous restaurants, cafes, takeaways and grocery stores in Melbourne. With over 1,000 product offerings and a strategic industrial hub location, it has demonstrated excellent operational and financial performance, deriving an impressive $3,000,000 in annual takings.
Primed for solid operations, the business operates in a 500 sqm freehold property, ensuring ample space for optimal product storage and efficient workflow. Significantly, a new lease is offered upon acquisition, ensuring tenure security.
Entailed in the sale is its database of approximately 100 customers, showcasing its wide consumer base and providing invaluable resources for a seamless transition. It also features an extensive list of plant and equipment, including five service vehicles, three forklifts, two freezers and a coolroom, eliminating the need for substantial capital injection post-acquisition.
The family-owned business is run by two owner-operators, rendering 6 and 18 hours a week to oversee operations. The owners are assisted by a reliable team of two full-time and five part-time staff.
Its semi-managed internal structure presents an opportunity to achieve work-life balance if current-level operations are maintained.
To know more about this exceptional business acquisition prospect, call Nick or Kristy today!
Listing ID: ME02992
Brokers: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@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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