This business is growing every year and unfortunately the owner who was looking to retire, suddenly past away. His daughter is looking after the day to day but they are looking to sell.
They import coffee roasting equipment & distribute all over the country with distributors in other states. They are also agents for products for Queensland in the same industry.
With a history of growth & profits and an annualised turnover of $1,558,000 and profits of $478,428 this business is really going places. Owing to the death of the owner this business is being offered much lower than market value.
Asking $770,000 + sav.
For full details contact Tim Craft on the above numbers.
*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.