Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
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Price Drop! Long established Food Manufacturing Operation For Sale (Sydney)

Listing Id : 271757

Location : New South Wales - SYDNEY

Category : Food, Manufacturing and Industrial, Wholesale Distribution

Asking Price : 126,000

Business description

Business ID: BS141870 Long established Food Manufacturing Operation For Sale (Sydney)- Low Entry Price Business Ideal Husband and Wife situation or a valuable addition to existing business. This food manufacturing business specialises in the production of packaged confectionery products. The owners have developed a strong business foundation with a large active client base and a regular re-order cycle. They also supply product for the entertainment industry, amusement companies, wholesalers and other retailers within Australia. In addition they also supply party packs and fund raising packages that are available to purchase online.  Established over 30 years ago the current owners purchased the business in 20**** **** .  The business currently servicing retail, wholesale and corporate customers. They are also supplying to schools for fundraising, movie nights, fetes, etc.  The business supplies products nationally and have also had some recent success in supplying products to New Zealand. The owners consider this to be an opportunity to develop the business further in the future.  -Est over 30 years ago -Good reputation in the industry -HACCP approved facility -Sales in the region of $350K pa -Owners benefit $120,000pa -Margins circa 35% -Consistent history of profitability -Opportunities for expansion -Reliable supply chain -Simple business to operate -Very clean set of financials  The owners are naturally wanting to assist an incoming owner with a smooth and seamless transition. A suitable handover and training period would be subject to negotiation at the time of an offer.   The business has several opportunities for expansion including developing the New Zealand market. It is also possible to add new complementary product lines to expand the business.  We envisage that this opportunity may be interesting to someone already in food production looking to grow through acquisition.  Asking Price: $126,000 plus SAV

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