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Renowned Business Player for 20+ Years!!!Dominant Market Presence!!Huge Growth Potential!!First time on Sale!!
First time in the market after 20+ years in the business
supplying hospitality goods to a wide range of clients ranging from bars,
hotels, nightclubs, restaurants, and motels through to take-away and cafes. The
company has recently acquired customers in the corporate and government sector
providing further revenue growth opportunity.
The business has wide range of products and remain flexible to
offer a large range of branded and non branded items. Extensive product range includes crockery,
glassware, cleaning supplies, chemicals, bar appointments, paper, packaging,
kitchen accessories and equipment ensures quality service to fulfil all
Over the last twenty years the business has built a solid customer
base and well known for their superior customer service. Customers include some
well-known hospitality businesses and are very loyal to the company. The
business also has built solid relationships with well-known wholesalers in
Current owner has been working in this business for more than 20
years and has decided to move on to other type of business for a change.
* Annual T/O 1.2M+ Inc GST (Based on FY 2018-19 P & L).* High Gross Profit Margin ~ 46%* Cheap Rent Appx $2850 Inc GST Per Month.
* Same owner 20+ years.
* Perfect business to vertically or horizontally integrate with your existing hospitality and catering business.* Huge database of active customers* Large Warehouse with Impressive Office and amenities included* Fully functional SEO optimised Website and Social Media Platforms driving constant traffic * Impressive digital service offering to conduct sales anywhere in Australia* Business is likely to grow even further if a full time owner operator is present* Sale Price includes delivery truck, luxury car, office equipment, digital assets, and many more etc.* Asking Price $790K ONO + appx $150K stock
*****EXCLUSIVELY LISTED WITH NETWORK INFINITY*****
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Disclaimer The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.
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