Business Sold Adelaide, South Australia 5000
Business Category Engineering Manufacturer
SOLD
Description
Sold! Profitable Food Manufacturing Business – South Australia
Business ID: BS146466
TURNOVER: $1,396,000 ADJUSTED OWNERS EARNINGS $424,000
This business has been in operation for over 25 years with year-on-year growth.
The business produces high-quality beef jerky and beef stix using all Australian meat. The current two owners work a combined 30 hours per week allowing for a great work-life balance. The business also employs 5 casuals to do the manufacturing. The product is distributed through wholesale distributors and can be found in many service stations, marts, clubs, and pubs all around Australia.
The sale will include plant, equipment, and intellectual property. Dry stock such as pouches, display cartons, etc. currently worth $70,000 approx. will be included and valued at the time of the sale. The sale will also include two weeks of finished and packed products.
BUSINESS HIGHLIGHTS:
- Good revenue/cash flow
- Long established with a successful trading history
- Substantial profits
- Growth over the years
- Systems and procedures in place
- Great reputation in the industry
- Well-known and loved brand
- Work/life balance
This opportunity offers potential growth for a new owner while maintaining a work/life balance.
PRICE: $575,000
Property Code: 3611
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.