Food Manufacturing & Distribution Freehold

Business Sold Newcastle, New South Wales 2300

Business Category Food Beverage Manufacturer

SOLD

Description

Food Manufacturing & Distribution Freehold

Merchant Business Brokers are proud and excited to present this 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 with strong relationships with National retailers like David Jones, Myers, Amway, Costco, Aldi and more. The business operates under the global food safety standards and 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. The product range caters for sales direct to public, through distributors, to 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 with product ranges covering; gluten free, diabetic, organic and even a fund raising range that compliments the traditional core products (that are the original in this market space). The products have an exceptional shelf life so there is little to no spoilage.
The business recorded sales for EOFY2017 of over $2M with an adjusted net profit to the owner of around $300,000. The business component is priced at $585,000 + Stock at value which to an owner operator is approximately 50% ROI (excluding stock)
The freehold property is located in a well built and highly sought after industrial estate and sits on 1897sqm of land with a 430sqm factory with amenities and car parking and offered for sale for $895,000. The business offers a net rental income of $94,000 providing an exceptional 10% yield return on the premium real estate. Leasing the premise is an option but with bank interest rates so low and this generous price you may miss out on the investment returns and capital growth.
The adjacent warehouse (separate premise) is available leasehold only
Opportunities exist for this business both grow Nationally and via the International 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

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This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller

Bsale ID: 558279
Broker REF: 3168911

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