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Successful - Massive Growth - Food Industry
Advert Id: 298547, Sellers Ref: (barker_73_615)Location:
Category:Wholesale Distribution
Asking Price:$2,250,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
Forget COVID-19, this business is booming. With food products considered an essential item, this profitable business sells almost entirely 100% NZ sourced primary product.
The retiring owner will hand over a business that currently produces not only a massive EBPITD and ROI, but also includes new systems that are already producing great results with forecasted expectations of exponential growth through the owners new licensing arrangements.
You will be buying:
1. The factory where products are slightly reprocessed, packaged and distributed to wholesale/retail stores
2. Three wholesale/retail stores owned by the current vendor
3. The rights to wholesaling to other (licensed) stores of which you will also get great margins from products sold and a license fee from these stores to use its brand and buying privileges
4. Supplier rebates for the entire group
This has it all
1. Existing multiple revenue streams that can be grown together or apart
2. Can be owner operated with minimum amount of minimum wage earner staff
3. Further capacity exists in current operation
4. Excellent reputation for service and quality of work
5. Many untapped clients and new potential market sectors to investigate
6. Vendor will offer comprehensive training
7. Opportunity to expand the business through digital marketing
8. Owner willing to stay on for significant period on lighter workload
*2020 Forecasted EBPITD $900K. Based on third party Accountants forecasts.
Asking: $2,250,000 + stock approx. $150K
Note: The owner is also willing to further mitigate any risk to the buyer by offering the premises from which it operates; the factory and one store for a further investment of approximately $3M.
For more info, visit [Web Link Censored] and submit the online Confidentiality Agreement. Once Richard receives your expression of interest he will be in touch.
*Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.
Property Code: 3034
Other Information
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