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Outstanding Food Processing Business turnover averaging $9 million last 3 years

Outstanding Food Processing Business turnover averaging $9 million last 3 years
Very well established business running under a fully structured management team and profits to the owner an average of 500k pa last 3 years

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Type: B

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Outstanding Food Processing Business turnover averaging $9 million last 3 years

Supplying fresh food products to many large wholesalers, hospitality groups, hospitals, supermarkets, retail chains and many more entities. The business is also a holder of a Government Contract 801 which allows them to be a major supplier of all NSW government institutions such as jails, schools and hospitals.

HACCP certification is in place with separate areas of the premises designated to producing prepared salads and cooked products for large businesses and institutions around the Sydney and Newcastle area.

Business Highlights

  • Exceptional premises in good area
  • Plant and equipment in good order
  • Fully systemised under management
  • Many large clients
  • Loads of growth opportunities
  • Recent purchase of large machinery to boost production
  • Excellent product range
  • Very good reputation in the market
  • Repeat business monthly/yearly
  • High barrier to entry at this level
  • Very sound business in strong industry
  • Steady growth over the years

The owner is committed to a smooth transaction of ownership, this is a very well established business and the owner wants to see it flourish for many years to come. Full-training would be offered after settlement for one month (free of charge) and then a 6 month consulting period is offered at a fee to be negotiated.

This business would suit either an investor or someone who wished to work in the business as a hands on operator. The business would make an excellent bolt on for a business owner who already has interests in this industry. The owner informs us that profits could be increased substantially under the right guidance.

Asking Price $1,546,000

Details

Subheading : Very well established business running under a fully structured management team and profits to the owner an average of 500k pa last 3 years
Business ID : BS6413
Status : Sold

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