Manufacturer - Korean & Asian Food - Great opportunity - W1683

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Manufacturer - Korean & Asian Food - Inner West - Agent SBX Code Number: W1683

Manufacturer of a variety of Korean cooked food sold wholesale and distributed to grocery shops in Sydney, Brisbane, Melbourne and Queensland. - Very large work shop with full range of production processes with huge cool room and chiller room. - Asian & Korean dishes include soups, side dishes, snacks etc.

Potential
Add more variety of Korean food and add Chinese food - suit family business

Features
Well equipped with cool room and chiller room - Very high margins - Very low food costs. - Growing business

Premises
This business has an area of 220 sq.mts.

Location
Situated in an industrial area of the Inner West.

Trading Hours
5 days - Mon. - Fri. - 1000 a.m. - 700 p.m. - (depends on orders - working hours are flexible.)

Lease
3 years + 3 years lease from June, 2017 - 3 months bond - No rent increases if rent paid on time.

Employees
2 owners + 3 parttimers + 1 fulltimer.

Comments
No GST items - Endless manufacturing development possibilities. - New owner can supply to Chinese grocery stores as well. - Due to increased takeaway sales are also increasing - Equipment includes dumpling machine, sundae machine, packing materials and is perfect for all kinds of Asian food. - Owner will support new owner after settlement if required.

Figures
Weekly Sales $11000
Rent (ex GST) $1060
Wages $1200
Profit $4200


Agent SBX Code Number: W1683 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$185,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2192

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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