Summary
- Asking price:
-
$180,000
(Furniture / Fixtures included)
- Sales revenue:
- $950,000
- Cash flow:
- $138,000
- Years established:
- 15
- Employees:
- 2
- Relocatable:
- This business can be relocated.
Business description
Direct shop sales and distribution of frozen and other food and catering products to businesses and direct to public - ideal for couple
Property information
- Real Estate:
- Lease
- Lease terms:
- Yearly CPI increase - New Terms Negotiable
Outgoings: Rates $1,300, building insurance $600
- Leasehold rent:
- $12,150 per annum
- Location:
- The premises are located in a small industrial and commercial estate within 100m of the Bacchus Marsh Railway Station. It provides convenient access to main roads and highways with the Regional Centres of Geelong and Ballarat and Melbourne within 30 minutes driving time on trunk roads, highways and freeways.
The train ride is in turn only 35 minutes to the Melbourne CBD and Ballarat.
- Premises details:
- Warehouse, shop/retail outlet and office of 362m2
Term: Month to Month – new lease terms negotiable
$992.75 / calendar month plus outgoings –
Yearly CPI increases - Rent increasing to 1012.50 from 5/1/2009
Outgoings estimate - Rates $1300, Building Insurance – $600
- Size in square feet:
- 3,897
Other information
- Expansion potential:
- The business has many expansion prospects with the right staff - the current owners see the business as perfect for a husband and wife team with one working in the office on orders and doing counter sales whilst the other does the face to face sales and deliveries.
An illness with one of present owners has slowed the growth of the business although it has still demonstrated good increases in both sales and gross profit over the past two years.
- Competition / Market:
- There is no other wholesale food distribution business operating within 30 minutes of the town however its main competition comes from a much larger food distribution business that also delivers into the region.
- Support & training:
- Four week handover with options to extend if required
- Reasons for selling:
- Poor Health
- Trading hours:
- Mon - Fri - 8am - 4pm
Sat - 9am-12pm
Closed Sunday and Public Holidays
- Furniture / Fixtures value:
- $10,000 (included in the asking price)
- Inventory / Stock value:
- $70,000
- Related documents:
-
Contact the seller
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