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FOOD WHOLESALER – CBD FRINGE

FOOD WHOLESALER – CBD FRINGE

Arguably one of the best business investment opportunities of 2017.

This business has grown and developed as a leading manufacturer and wholesaler of fresh food for cafes, caterers and food businesses for the past 16+ years. Perfectly located in a trendy hipster and corporate hot spot on the CBD fringe, this position makes it easy for the team of drivers to deliver food all over Melbourne to its current 200+ clients. The menu includes muffins, slices, rolls, wraps, soups, salads and gluten free treats. The menu is ever changing in taste, variety and selection to reflect Melbourne’s cafe obsessed food trends and demand levels. The business model is simple and all IP, systems and procedures are included in the sale to make the transition easy and smooth for the new owner. This business is a standout and a rare opportunity to blue chip your financial structure and income and achieve financial freedom.

What are you waiting for? Call Michael today on 0423 287 048 and check it out!

BUSINESS HIGHLIGHTS:
Annual sales $2,628,183 (2016/17)
Wholesale of freshly made food for café, caterers & food businesses
The perfect hospitality business as supplies to customers Monday – Friday ONLY – no weekend work!
Net profit $297,682 (2016/17) after owners’ wage of $72,000
Under SEMI Management – vendor works 30 hours pw as admin
Full commercial kitchen and equipment
Currently supplying over 200 clients on a weekly basis
Great location, easy access on the CBD fringe
Fantastic long-term staff

BUSINESS STRENGTHS:
Easy to operate manufacturing business
All intellectual property (IP) provided and included in the sale making for a smooth transition
Great reputation within the hospitality industry
Business has been established for 16+ years and its sales are still increasing year on year
Full financials available to qualified buyers
All equipment fully owned and included in the sale of the business
Growth opportunity to open a retail outlet at the front of the building which will also save $3,000 p.a in land tax (approx.)

LEASE AND RENT:
Commencement date: July 2007
Term: Five (5) years
Further terms: One (1) further terms each of five (5) years
Current rent: $62,282 + GST (approx.)
Rent reviews: 5% p.a.
Size: 300m2 (approx.)

PRICE $980,000 + Stock

Call or text Michael to inspect on 0423 287 048

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