Brisbane Wholesale Food Turnaround In Progress For Sale

Business description

The best time to buy is at the start of the up-swing and for this business, that time is now!!

• Record sales every month since April 2009!! (up 15.8% in previous year)
• 13.4% relative improvement to GP so far in 2010
• Sales & GP targets are being demolished to give a strong platform for further expansion in this huge market
• Easily operated and largely run by the loyal staff – now including sales staff!
• Around $220k of fixed assets included

With sales and GP lacking in 2009, the owners have now hired a sales-person and are already seeing the benefits with July & August delivering record sales and a staggering 127% GP increase over the same period last year.

The operations are easy, suppliers are in place and the experienced staff are very loyal, but sales / marketing skills had been lacking, until recently. As a distributor to retailers and the hospitality industry, this business also has its own retail shop to compliment the distribution business.

The current owner purchased the business in 2007 and sacrificed Gross Profits in order to maintain sales. Now they are turning the business around to prove what a sale-focused individual is capable of doing for themselves.

Established for around 20 years, the business is well known in and around Brisbane and has been operating from Brisbane’s Eastern suburbs. The retail shop has recently been overhauled and between the wholesale premises and retail shop, the cold-storage facilities are huge. An estimated $220k worth of fixed assets are all included in the purchase price.

The existing supplier arrangements are well established and if you are looking for a simple business, with flexible hours where you can use your sales skills to grow the sales, then you should enquire on this!

Other information

Inventory / Stock value:

$75,000