Since its establishment in 1994, this wholesale fruit and vegetable enterprise has stood as a paragon of excellence, boasting a sterling reputation and an impressive track record of sustained profitability. Now, for only the 2nd time in its history , this business is being offered for sale due to the owners' wish to retire.
The business forges direct partnerships with esteemed growers to procure and distribute premium, locally grown and packed produce from Australia to retailers and wholesalers spanning the entire Eastern seaboard of NSW.
In the fiscal year 2023 alone, the business showcased an exceptional EBIPTDA of $730,000 against a substantial turnover of $13,750,000. Turnover of $14,400,000 in FY22 & $13,900,000 in FY 21 .
This opportunity is perfect for an owner/operator or can be run under management , thanks to its experienced team of 8 , ensuring continuity and success.
While prior expertise in fresh produce, marketing, IT, administrative, or accounting functions could be useful ,it is not a prerequisite. Those with a background in fresh produce (fruit and veg) and/or in the hospitality industry would also find this venture exceptionally appealing.
With 3 distinct customer segments:
50% wholesalers centred at Sydney markets.
20% retailers spanning across NSW and the eastern seaboard.
30% fruit shops and online wholesale stores.
This opportunity comes with all assets, equipment, and inventory included in the sale, laying the foundation for new owners for both immediate and continued success.
Listing ID: NSW11195
Broker: Andrew Lockwood
Phone: + 61 2 9899 1999 / +61 411 790 493
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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