Food Manufacturing & Distribution

Business Sold Newcastle, New South Wales 2300

Business Category Building and Construction Distributors

SOLD

Description

Food Manufacturing & Distribution

Merchant Business Brokers are proud and excited to present this traditional and nostalgic family owned business that has been Australia’s most awarded in its class. The business has evolved from a home based business 37 years ago to being a Nationally recognised brand with key distributors all over Australia and through to major retailers such as David Jones, Myers, Amway, Costco, Aldi and even overseas. The business operates under the global food safety standards/compliance from a purpose built and designed factory and warehouse.

The business trades family-friendly hours over a typical Monday to Friday, closes public holidays and operates a small skeleton crew over January. All product ranges are manufactured for direct to public, through distributors, independent retailers or via high volume supply contracts to large National clients who often have the product provided with customised branding.

The business has grown and evolved past the traditional core product range and even covers; gluten-free, diabetic, organic and even a fundraising range that compliments the traditional core products that are original in this market space.

Sales for EOFY2017 were over $2M with an adjusted net profit to the owner of around $300,000.
The factory and warehouse are available on a leasehold basis or the factory can be purchased as a freehold option for $895,000 offering an approximate 10% net return. The warehouse is on a leasehold basis only.
Opportunities exist for this business both Nationally and the greater export market and we would be happy to show all genuine prospective buyers much more exciting information.

If you are interested in finding out more about this quality opportunity, please go to XXXXXXXXXX simply enquire and download the business summary and then sign up to complete an online confidentiality agreement. It is a quick and simple process to see if this is an opportunity you may want to explore further or alternatively call Shane Fox on XXXXXXXXXX .
Contact Seller

Bsale ID: 558277
Broker REF: 3168910

Merchant Business Brokers