Established Manufacturer & Retailer of Gluten Free & Multi Allergen Products

4 days ago

Location:
Sydney 2000 > Sydney > New South Wales

Investment level:
$825,000

Type:
Business

Industry:
Retail > Food outlets > Bakery

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Internal Ref: 1775182

Summary

A nationally recognised manufacturer of high quality gluten free and multi allergen products. The business experiences strong and growing revenue each year.

Location Details

Located in Sydney, clients (wholesale and retail) are accessed and serviced on a national basis.

Potential

The business has an expanding presence in the foodservice channel. Sales to the foodservice channel grew by 52% in FY17 and are expected to grow by 46% in FY18 as a consequence of a strategic distribution relationship. This sales momentum has carried over into FY18.

New product development capability and experience in the gluten free market are expected to support sales growth into the future.

Skills

This business would be an ideal investment for someone wishing to add scale to an existing enterprise in the same industry. It also provides a solid base and presence for a new entrant into this area of manufacturing and distribution.

The business is highly systemised with extensive user and procedure manuals, and has all the requisite industry approvals and licenses for the manufacture of its products. The staff are also extensively skilled and trained. The vendor is available to undertake and work with a purchaser on an agreed handover.

Lease

Both the manufacturing and retail leases are current with landlords amenable to discussing new leasing terms.

Employees

7x FT Staff
5x Casual Staff

Reason for Sale

The owner is looking to retire.

About the Business

This gluten free bakery represents a unique opportunity to acquire a leading manufacturer and retailer of high quality gluten free and multi-allergen baked products. While wholesale distribution is the dominant, and growing revenue source, the business is well-established in its retail location, along with a strong on-line presence.

The product portfolio includes: breads, buns, pizza bases, cakes, desserts, cookies, pastries, pies, quiche and sausage rolls.

Well-resourced and experienced workforce with available capacity to significantly increase output. It is a HACCP certified manufacturing facility.

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

Mark Levitt
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0431 004 488 T: 1800 858 696 E: mark.levitt@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1775182 to search for the business.


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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