This business is a longstanding partner to numerous big-name venues and institutional food-service operations, built on decades of successful trade.
Specialising in commercial kitchen appliances, crockery, tableware, utensils & more, the business is a dominant supplier in a $1.5b+ local hospitality market. Each month, the business generates recurring income from approximately 30 accounts, additional to standalone high-ticket sales and occasional domestic retail.
With average revenue of $3.5m+ and owners’ earnings of $440k+ (FY20-FY24), this business is ideal for a buyer with industry experience seeking a profitable, proven venture.
Highlights:
• 500sqm (approx.) Premises
• Diverse Clientele – TAFE, Retirement Villages, Club Chains to Independent Operations
• Highly Regarded Reputation
• Negotiable Lease/Freehold Purchase Available
Price Apportionment:
Business – $400k + Stock
Freehold – $2.1m (UNDER OFFER)
The current owner is willing to stay on as a consultant for up to 12 months post sale to ensure you are well acquainted with inventory, clientele and operations. With retirement on the horizon after decades of ownership, the current owner is seeking a motivated buyer to take this high performing business to the next level.
Contact the region’s leading business brokers to request a comprehensive Business Prospectus.
