This thriving business offers 2x locations in North East Victoria, in regional tourist towns with solid combined revenue of approx. revenue of approximately $2.4 Million (FY23) this business can be owned and run from afar by someone who can visit and continue to drive business performance from a distance, or could be considered an ideal acquisition for a local investor.
Location 1 - Beechworth Sweet Company, North East Victoria, 3747 - Melbourne 3 hrs, Albury/Wodonga 45 minutes, Wangaratta 30 minutes, all approx.
Location 2 - Mansfield Sweets, North East Victoria, 3722 - Melbourne 2.5 hrs, Albury/Wodonga 2.25 hrs, Wangaratta 1.25 hrs, all approx.
The key features of the business are:
-the locations, the business gets all the foot traffic from locals and travellers coming into and visiting the towns which are popular tourist regions that are relatively consistent all of the year.
-the business is famous for its diverse product range not limited to brightly coloured lollipops, fudge, mints, gob-stoppers, toffees, fruit jellies, sherbets, truffles, boiled sweets, Dutch licorice and tantalising chocolates of every style – white, milk and dark chocolate and sugar-free chocolate. or the range of unique and zany non-confectionery gifts; it has something for everyone.
-the business is a household name within the regions of operation and Australia wide.
-there is a strong barrier to entry for competitors due to no available and suitable commercial properties, supplier relationships and 30 years of systems in place.
-the business has excellent systems, intellectual property, efficiency, and experienced stable core staff.
-the business has seen year on year growth over the 30 year period of operation and is a turn key solution to walk into a long established profitable business.
The current owner is wishing to transition into retirement but is very adamant to ensure the new owner is suited to the business and will provide adequate handover and training.
If you are looking for an excellent business investment opportunity that promises strong returns, enquire now.
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