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Successful - Massive Growth - Food Industry

$2,250,000

Forget COVID-19, this business is booming. With food products considered an essential item, this profitable business sells almost entirely 100% NZ sourced primary product.

The retiring owner will hand over a business that currently produces not only a massive EBPITD & ROI, but also includes new systems that are already producing great results with forecasted expectations of exponential growth through the owners new licensing arrangements.

You will be buying:

- The factory where products are slightly reprocessed, packaged & distributed to wholesale/retail stores
- Three wholesale/retail stores owned by the current vendor
- The rights to wholesaling to other (licensed) stores of which you will also get great margins from products sold & a license fee from these stores to use its brand & buying privileges
- Supplier rebates for the entire group

This has it all

- Existing multiple revenue streams that can be grown together or apart
- Can be owner operated with minimum amount of minimum wage earner staff
- Further capacity exists in current operation
- Excellent reputation for service & quality of work
- Many untapped clients and new potential market sectors to investigate
- Vendor will offer comprehensive training
- Opportunity to expand the business through digital marketing
- Owner willing to stay on for significant period on lighter workload

*2020 Forecasted EBPITD $900K. Based on third party Accountants forecasts.

Asking: $2,250,000 + stock approx. $150K

Note: The owner is also willing to further mitigate any risk to the buyer by offering the premises from which it operates; the factory & one store for a further investment of approximately $3M.

For more info, visit www.barkerbusiness.co.nz/3034 & submit the online Confidentiality Agreement. Once Richard receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

Details

Region Auckland
Price $2,250,000
Business ID 3034
Category Import/Export/Whole

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