Established Chinese Dim Sum Food Manufacturing Business Near Sydney CBD
Approx. $1.5M Annual Revenue | Established Supermarket & Wholesale Channels | $450,000 + SAV
An established Asian food manufacturing business is now available for sale in a well-established Chinese commercial area close to Sydney CBD.
The business is built on an Asian food brand with more than 20 years of market history, while the central production facility has been operating since 2014. Over the years, it has developed an established product range, proven production systems and a stable customer base.
The business specialises in a range of popular Asian food products, including steamed buns, dumplings, wontons, soup dumplings, pan-fried buns, potstickers and other ready-to-cook Asian food products. Products are supplied to a network of major and independent Asian supermarkets, food wholesalers, restaurants and other retail and food service customers.
Financial Performance
Based on the company’s formal financial statements:
* FY2023 Revenue: Approx. $1.51M
* FY2024 Revenue: Approx. $1.65M
* FY2025 Revenue: Approx. $1.45M
Across the past three completed financial years, the business has consistently recorded annual revenue of around $1.5M, demonstrating an established and ongoing trading operation.
Key Business Highlights
* Established Brand & Market Presence: More than 20 years of trading history, with an established customer base within the Asian food and prepared food sector.
* Established Production Facility: Approximately 244 sqm, operating since 2014 with dedicated production, packaging, cold storage, freezer, warehouse and office areas.
* Food Production Compliance: The premises have relevant CDC approval and are registered with the NSW Food Authority for food production.
* Established Customer Base: More than 70 active customers, including major and independent Asian supermarkets, regional food wholesalers, restaurants and other food service and retail customers.
* Diversified Sales Channels: Revenue is generated across supermarkets and grocery retailers, wholesale and distribution, food service, restaurants and other commercial customers.
* Experienced Production Team: Six production staff currently operate the facility, while the owner focuses primarily on overall management and selected delivery duties.
* 5-Day Operation: Currently operating five days per week, leaving scope for a new owner to improve production utilisation and operational efficiency.
Growth Opportunities
The current owner is approaching retirement and has largely focused on maintaining the existing customer base rather than actively pursuing new market opportunities.
A new owner could potentially grow the business by:
* Introducing additional products to existing supermarket accounts
* Securing new Asian supermarket and retail customers
* Expanding restaurant and food service accounts
* Developing wholesale markets outside Sydney and interstate
* Expanding the range of convenient and ready-to-cook Asian food products
* Increasing production capacity and improving overall utilisation
Premises & Lease
The production facility is located in an established Chinese commercial area close to Sydney CBD and occupies approximately 244 sqm.
A 3+3 year or 5+5 year lease may be available, with 4% annual fixed rent increases.
* Current Rent: Approx. $60,000 + GST per annum
* Outgoings: Relatively low
Suitable for Strategic Buyers & Food Industry Operators
Reason for Sale: Owner Retirement
The vendor is prepared to provide a reasonable handover and transition period to support a smooth change of ownership.
The business would be particularly suited to buyers already involved in food manufacturing, Asian food, frozen food, wholesale distribution, supermarket supply chains or food service, as well as investors looking to establish an immediate presence in Australia’s food manufacturing and distribution sector.
Asking Price: $450,000 + SAV
Strictly confidential sale. Further financial, customer, lease and operational information will be made available to qualified buyers following execution of an NDA.
