Wholesaler Of Wholefoods - $450k Profit

Business For Sale QUEENSLAND 4217, Queensland

Business Category Gyms Product Manufacturer Wholesale

$950,000 + SAV

Description

Wholesaler Of Wholefoods - $450k Profit

Exceptional 30% year on year growth in this business to business health and wholefood wholesaler that also provides a contract packing service to boutique holistic brands. Established for over 30 years and owned by this couple for almost 5 years. It is on track to generate over $450,000 in profit for this current financial year. Certified organic is an advantage as this allows them to trade in the organic space which in itself has grown 88% since 2012 and is estimated to be worth $2.5 billion.

*Financials*

Turnover 2017/18 of $1,213,915 and profit of $333,948. First 9 months of 2018/19 has achieved Turnover of $1,353,566 and profit of $337,614.

*Potential*

Currently working 4 days per week so there is capacity to increase production as sales demand grows. The best opportunity is to continue to do what these owners have done and they are willing to transition their knowledge and may even consult to a new owner to ensure that the momentum continues.

*Trading Hours*

Monday to Thursday 7am until 3pm (2 shifts with part time workers).

*Lease*

Currently run from home with a separate shed however they are in the process of moving into a commercial rental for a 400m2 factory in an Industrial Estate. There will be a new 3 year lease being signed. The profit mentioned in this advertisement is after deducting the rent.

*Location*

Gold Coast but can be run from almost anywhere on the East Coast.

*Employees*

2 owners plus 1 full time staff in production and 5 part time staff. Owners look after Sales, Marketing and Administration.

*About The Business*

It is on track to generate over $450,000 in profit for this current financial year. Certified organic is an advantage as this allows them to trade in the organic space which in itself has grown 88% since 2012 and is estimated to be worth $2.5 billion.

It is a straight forward business with goods purchased in bulk and broken down into smaller consumer packs and boxed and sold as 6 or 10 items in an order. Goods are stored in temperature controlled premises

Products are packed or sold in bulk to the following industries:Health food and Wholefood stores.Pet food wholesale and manufacturing.Distilling.Tea BlendersTea retailers

*Reason For Sale*

The owners have been offered a new opportunity and need to free up their time and capital.

Sale Price - $950,000 plus Stock at Valuation

Similar Businesses For Sale


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


Contact Seller
Howard Dennerstein

Bsale ID: 525658

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