- Categories: Food/Hospitality
Highly Profitable Wholesale Fruit & Veg Business/Investment Opportunity
Established in 1994 this wholesale fruit and vegetable business at Sydney Markets in Flemington boasts a sterling reputation and an impressive track record of sustained profitability. Now, for only the 2nd time in its history , this business is for sale due to the owners' wish to retire.
(On offer also as a separate transaction is the 300 sq.metre Warehouse inclusive of the office & refrigerated coolroom from which the business is run if new owners so desire)
With a specialised niche in Brassicas & Strawberries the business has direct partnerships with around 25-30 growers across Victoria, NSW & Queensland to distribute premium produce to retailers and wholesalers throughout NSW.
Over the last 3 years the business has generated a normalised turnover of approx. $14 Million P.A with a PEBITDA of $730,000 in FY 23 alone .
Currently owned and run by a husband & wife team this opportunity is perfect for a dynamic owner/operator or it could be run under management, thanks to its experienced staff of 5 helping to ensure continuity and success.
While prior expertise in fresh produce &/or the hospitality industry could be useful, it's not essential as the current owners will stay on for up to 6 months to help new owners transition & learn the ropes as required.
3 distinct customer segments:
* 50% wholesalers centred at Sydney markets
* 20% retailers spanning across NSW
* 30% fruit shops and online wholesale stores
All assets, equipment, and inventory worth $300K alone included in the sale.
Purchasers of the business will have the 1st option to buy the warehouse -either now in conjunction with the business sale, or down the track when suits .
Price On Application.
Listing ID: NSW11195
Broker: Andrew Lockwood
To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis.
Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW11195
