Purchase Part or Complete European Food Importer and Wholesaler | Ray White Business Brokers & Business Sales Agents

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Purchase Part or Complete European Food Importer and Wholesaler Manufacturing And Import , Food, Corporate Sales above $1m, Hospitality And Accomodation, Wholesale And Distribution , Manufacturing And Import, Cafes And Restaurants Sydney, NSW , Australia 315 Views
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Asking Price $6,000,000 for 100%
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This Listing is open for both accredited & non-accredited Buyers & Investors.

SALE OR INVESTMENT DETAILS
  • Stock at Cost $0
  • Gross Sales per annum $0
  • Assets Included in Sale $0
  • Profit (Normalised EBITDA) $0
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Purchase Part or Complete European Food Importer and Wholesaler
  • Exclusivity contracts, approx. 40 suppliers across Europe
  • Receiving in the vicinity of 5 containers of product per week
  • Premium European products with over 600 lines available

Executive Summary

Opportunity Exists to Purchase Part or Complete European Food Importer and Wholesaler Business.


Location

The business has office space and a warehouse in Sydney's inner city rim. The warehouse site is 4,090 sqm with specialized drive through access for semi-trailers and delivery trucks.


Potential

Currently supplying 900 customers Australia wide, there is potential to increase the growth within the business given that the business does not currently supply to any of the large supermarket chains which could be a significant source of additional revenue. There is also an opportunity to expand into Asia with existing produce licences.


Skills

This is a business that would suit a purchaser looking for an interesting and challenging opportunity that will provide access to many premium European brands. In addition, this may be an opportunity for a current importer to add to their stable of products, with a long established operation and supply chain in place.


Hours

The business currently opens 5 days a week, with hours as follows:

• Business Hours Monday to Friday

• Retail Store Monday to Friday 8:00 am - 3:00 pm


Lease & Premises

Premises

• Sydney-based warehouse and offices:

• 4,090 sqm site

• Warehouse with a chilled room, dry storage room, and two freezer rooms

• Three-story office building with showroom / retail space on ground floor, office space on first floor and storage space on the top floor

• Drive-through access for semi-trailers and delivery trucks, fully-fenced and secure site Lease


Employees

The business currently employs 15 staff including 3 sales representatives, 3 full time office administration staff and 9 warehouse pickers/packers / drivers. The owner is hands on within the business, overseeing all the day to day aspects of the operation. This ensures long-held relationships and reputations are kept in high regard.


About the Business

The business has been in Sydney for the last 30 years, building a highly renowned organization with a proven track record and excellent reputation. The business currently supplies over 600 product lines directly from their European sources, importing and then distributing products to their 900 + supplier chain. Products include dry goods, frozen and chilled foods. Operating from a Sydney site, the premises includes office space and a 4,090 sqm warehouse with drive-in access for semi-trailers and delivery vehicles and also features a retail store open from Monday to Friday so the public can shop for products directly from the importer.

With revenue currently in the 7 figure range, this business is ripe for its next chapter of growth under the guidance of the new owner. With the potential to establish a relationship with the large supermarket chains in Australia, now is the perfect time for the savvy investor to take advantage of this opportunity.


Key Points:

• Exclusivity contracts with approximately 40 suppliers across Italy, Spain and France

• Large, chilled warehouse facilities with drive-in, drive-out access and space for around 4,000 pallets

• Quarantine approved premises, adhering to the audited Food Safety Program

• Receiving in the vicinity of 5 containers of product per week

• 90-day trading terms with suppliers, 40-day transit terms

• Over 900 customers, approx. 50% Sydney based and 50% interstate

• Premium European products with over 600 lines available

• Small goods and cheese are a particular specialty and among the most popular products on offer


This is an excellent opportunity to acquire a rarely available very established European food products importer, distributor, wholesaler & retailer. Currently generating a 7 figure revenue, this is an opportunity too tasty to pass up!


For more information on this exciting opportunity, please contact the undersigned:


Brent McDonald

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0413 158 638  T: 1800 858 696  E: brent.mcdonald@raywhite.com


Or


Craig Tracey

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0400 449 135 T: 1800 858 696 E: craig.tracey@raywhite.com


Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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