Long-Standing & Highly Regarded Food Wholesaler Business in Lake Macquarie

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Professional - Brokerage ; Professional - Property/Real Estate ;

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About the business

- Price $249,000 + SAV
- Annual Turnover $898,000 +
- Adjusted Annual Profits $152,000 +
- Weekly Adjusted Profits $2,900 +
- Staff x 1 Full-time (42 hours weekly)

On offer is a wholesaler food business, located in beautiful Belmont, which has been servicing Newcastle, Lake Macquarie, and the Central Coast for over forty years. This business sells and delivers to hospitality businesses, as well as the general community.

Boasting a large variety of products, including, but not limited to:
* Savoury and sweet pastries
* Donuts and muffins
* Brownies and slices
* Frittatas
* Cookies
* Cakes, including specialty cakes (birthday, Christmas, easter, anniversary, plus more)
* An extensive range of desserts, including lemon meringue, cheesecake, plus more!
* Freshly baked bread products, including bagels, fruit, Turkish, croissants,

This business is known for its generosity, regularly donating food to community service centres, including local homelessness organisations.

The business comes with the following:
* Isuzu 2019 D-Max vehicle (refrigerated)
* Isuzu 2015 D-Max vehicle (refrigerated)
* 2010 Toyota Hi-Lux vehicle (refrigerated and sign-written)
* 1 x Long-term, loyal employee
* Steady and large customer base, including Restaurants, Supermarkets, Café's, and Clubs
* Support from the current owners after handover

The Current Owner's roles include: Owner 1: Order taking, sending orders to suppliers, and delivering products (60 hours per week), and Owner 2: Order taking, and delivering products (30 hours per week)

The current owners run the business from home, which means there is zero cost for rent and associated outgoings. The business runs 14 hours (3 days per-week), and 6 hours (3 days per-week). The owners have been running the business for over ten years and are looking to retire.

This business would suit a family, or individual seeking a great income with work/life balance. The profits would also allow for the business to be-run under management or to hire a manager, and additional staff to lessen the owner's hours per week. Additional staff would also allow for the client base to grow, both within the area, as well as branching out to new areas.

Please contact Dani Rifai for more information on 0411 870 977, or email dani@bagents.com.au, or click on the link provided (Licence Number 10064471).

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Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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