Summary
* Recession-proof essential products * Servicing the fastest growth region in Western Australia * The business comes with a modern refrigerated truck fleet
Net Profit
$688,000 pa
Location Details
SOUTH WEST WA
The service region is bounded by Cookernup and Harvey to the north, Collie and Balingup to the east and Augusta to the south.
Major centres in the distribution region include Busselton, Bunbury, Margaret River, Dunsborough, and Harvey.
Skills
This business is a very simple business to operate. Goods are delivered to the depot by the vendor and then distributed to the various outlets across the South West region.
Employees
At present, the business has a team of four full-time employees plus owners. The staff in this business are provided with on-the-job training to ensure that they are equipped with the necessary skills and knowledge to carry out their job effectively.
Reason for Sale
The current owners have family members who are unwell and wish to spend carer time with them.
About the Business
The population growth for this region is forecast to grow and a rapid rate in the future. Hence increasing the demand for these products in the region and growing the volume of products in turn increasing the freight and delivery income for this business.
The business is unique with an exclusive territory with exclusive in-demand products and in a region that has rapid population growth forecasts.
For a new owner, the business is a very simple business to operate with low staff numbers, a modern fleet of refrigerated trucks, and no debtors.
Dealing with one of Western Australia’s largest, oldest, and most iconic companies gives a new owner peace of mind.
With a diverse portfolio of products the supplier's innovation kitchen bustles with activity, working on what they can do next!
Over the years, the business has continued to grow, achieving a solid normalized net profit of around $700,000 annually. Over the years the current owners have reinvested some of that money back into the business, allowing it to expand even further.
The business has built a diverse customer base in Western Australia over the years, with a wide range of businesses relying on their services. The business provides logistics services to:
⋅ Supermarkets
⋅ Cafes
⋅ Restaurants
⋅ Fuel & Convenience outlets
⋅ Growers Markets
⋅ Bakeries
⋅ Hotels
⋅ Hospitals
⋅ Prisons
⋅ Aged Care
With a diverse and loyal customer base, the business is well-positioned for continued growth and success in the future.
Our total client base numbers approximately 450 customers, of which repeat order clients represent approximately half of all sales per annum.
The largest customer represents approximately 10 percent of annual sales and has had a trading history with the business for nearly 10 years.
By focusing on quality, customer service, product diversity, and relationship building, the Vendor has been able to establish itself as a dominant player in the Western Australian industry and retain a loyal customer base.
They currently hold around 40% of the market share in these products in Western Australia.
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