Sold! Food Manufacturing Business - Qld

Business Sold BS146054 BS146054, Brisbane, Queensland 4000

Business Category Food Beverage Manufacturer

SOLD

Description

Sold! Food Manufacturing Business - Qld

Food Manufacturing Business with National contract and International Network - QLD

Contract with Woolworths - Distribution to all main Supermarkets - 45% PEBITDA - Sale Price $1.7M

This Food manufacturing business offers a range of premix recipes such as salads, pasta, Risottos & couscous. Sourced ingredients from all over the world, to ensure the best quality of their pre-made dishes, ready to be served. While their products have been adopted in Australia, US, New Zealand, South Africa, Middle East and in some Asian countries. The products are on numerous produce sections of the major supermarkets in Australia and in the Grocery section of Woolworths since August 2021. The company is also in negotiation with other major players for national contracts, while the US and the Middle East have now starting to increase the volume of orders.

-National Contract with Woolworths
-Strong presence on the produce shelves of many supermarkets in Queensland and New Zealand
-FDA approved
-Growing exports to US & Canada, orders are doubling and exposure to over 1600 outlets Middle East approved
-Wide range of quality pre-packed recipes
-Simple and effective sourcing & manufacturing processes
-Great team and positive company culture
-Long shelf life items
-Growth potential of online sales via the company website

Terms of settlement: Up to 3 months of handover and owners could support the business on a consultancy basis especially around marketing, product creation and supplier’s relationship building.

This is an opportunity for companies with an established operational structure able to absorb the business growth with their internal resources, processes and marketing capabilities.

Asking price $1,700,000 + SAV

Business ID: BS146054

Property Code: 2431
Contact Seller
Xcllusive Business Sales

Bsale ID: 594725
Broker REF: xcllusive_49_517

Xcllusive Business Sales Pty Ltd