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$5,150,000
Currently on offer is highly successful and profitable independent wholesaler of foodservice products. It supplies more than 1,000 products to 120 clients in Northern Victoria and the Goulburn Valley.
*$97,000 average weekly revenue
*Over $5M Annual Revenue
*Operating for more than 20 years
*Includes: x3 Refrigerated Trucks and x2 Refrigerated Vans
*120 clients
*More than 1,000 products
*Only Operating Mon-Friday
*Opportunity to open direct to the public mini-supermarket from the existing warehouse and expand significantly grow the revenue
Alam El Basha, Nathan Hulls and the team at LINK Melbourne are thrilled to bring to the market this foodservice wholesaler. It has been operating for more than two decades with the last six years with the current owner. The business is a foodservice supplier, providing a wide variety of hospitality establishments, schools and sporting clubs/venues with the stock they need to successfully operate.
The business has a large regional service area spanning Goulburn Valley and other parts of Northern Victoria. There is a huge opportunity for the business to expand its distribution region to secure new customers and increase its revenue potential. Aside from expanding the distribution region, the business may explore retail sales to tap a different target market.
Operating the business is a husband-and-wife team with one working full-time and the other part-time. The business is supported by two full-time staff members and seven part-timers. The current owners have successfully grown the business since 2018 and are now looking for purchasers to take it to the next level.
To learn more about this exciting opportunity, contact us today! We would be glad to provide more details about the business to qualified purchasers.
Listing ID: ME02850
Broker: Alam El Basha & Nathan Hulls
Phone: 0407 990 000 / 0458 092 721
Email: alam.elbasha@linkbusiness.com.au / nathan.hulls@linkbusiness.com.au
*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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