Business Sold BS150653, Melbourne, Victoria 3000
Business Category Food Distributors
SOLD
Description
Sold! Anonymous Wine – Wine Wholesaler And Distributor – Administrators Appointedsold!
Business ID: BS150653
Annual Sales of over $1M. Urgent Sale, Closing Date: Friday 24th June 5 pm. All offers will be considered.
Under instructions from Rodgers Reidy, Xcllusive Business Sales is appointed the agent to sell the following business.
This business is a Local and International Wine Wholesaler and Distributor. Established in 2015, the Company sources premium wines and other liquor products exclusively and directly from producers. The Company’s suppliers predominantly operate from various regions in Spain as well as regions in France, Italy, Czech Republic, Slovenia, Germany, and New Zealand. The business also sources wine domestically from various regions in Australia.
The Company has two parts to its business:
– Warehouse and Distribution; and
– 3rd Party Logistics
The Company’s reputable and diverse customer base is spread nationwide and encompasses:
– Restaurants,
– Bars; and
– Boutique liquor retailers.
Highlights:
-Annual sales of over $1M
-Substantial stock on hand
-Longstanding relationships with hospitality venues (Bars and Restaurants)
-Existing client portfolio in 3PL wine storage business
-Temperature controlled warehouse in Melbourne
-Urgent Expressions of Interest are sought
The company operates its business primarily from 2 leased premises adjacent to each other in Heidelberg West.
A detailed Information Memorandum along with the Assets list and Financials will be provided upon enquiry.
Asking Price: Expressions of Interest sought. Offers must be received no later that 5 pm Friday 24th June 2022.
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