SOLD
Many buyers have enquired on this business, who are still looking to buy!
If you have a food or beverage manufacturing business with profit of $500k or more that you wish to sell or have valued, please email dan@vbaaustralia.com.au now for a confidential discussion.
If you are a buyer, please continue with your enquiry so that we can inform you of similar opportunities before they hit the open market.
Business Overview
There couldn't be a better time to a buy a business than when it is at the beginning of a huge growth phase and it is so rare that a business comes to market under these conditions.
This business is now just starting to experience massive growth with a very very high probability and opportunity for the profits to double in the next 12-24 months.
The products of the business have won over 40 awards in recent years, and as a result the products are now selling nationally through a variety of new customers. The testing phases are complete so now is the perfect time to capitalise on this new growth.
The business has also hit thresholds of volume in the 2017 FY and 2018 FY, and as a result has been able to lock in fixed prices from its suppliers. Gross profit has improved by 9% and then another 5% respectively.
Profit of the business is already in excess of 1.1M after a management fee is paid of a whopping $135,000 PA.
Base rent is a staggering 2.6% of revenue with CPI increases.
There are less than 8 employees required to run the business, and the business can handle massive increases to production utilising its state of the art equipment.
Financial Summary
Revenue $ 3,789,451
Cost of Goods $ 1,678,520
Gross Profit $ 2,110,931
Expenses $ 1,139,001
Wages to Owner $ 138,875
EBITDA $ 1,122,222
Add backs $ 150,292
PEBITDA $ 1,272,514
*Al figures are quoted exclusive of GST
Features
The business is at the beginning of a major growth phase
Profits are expected to double
Extremely efficient production space, recipes and processes that are highly scalable
Multi award-winning products that are now
going national
Profit already in excess of $1.1M after
very generous management fees
Premises
Lease: New lease can be arranged for the new owner
Rent: $100,000 PA + GST
Annual Increases: CPI
Buying a business is easy with Vision
"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "
Dan Levitus
(m) 0450 326 146
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business