About the Business

INVESTMENT - Expressions of Interest over $3,200,000

Price includes (2) freehold Mole Creek properties, all operating assets, substantial honey inventory, registered brands & names and extensive customer database.

Stephens Tasmanian Honey represents a unique opportunity to acquire a 100+ year old honey business backed by an iconic brand, well known to Australian customers and overseas for quality Tasmanian leatherwood honey. Production of leatherwood honey is unique to Tasmania and the taste is highly desired by consumers.

Tangible asset value to be sold substantially exceeds the asking price due to the current 3rd generation owners' desire to see their family business succeed under new stewardship. The owners believe the two freehold properties are essential for continued success and supporting the local work force and accordingly will transfer these to the new owners at minimal cost.

The business is well established and vertically integrated controlling all aspects of operations. From maintaining over 2,300 beehives strategically located on the west coast and north-west coast of Tasmania, with extensive factory for honey extraction and bottling, and packaging.

Marketing and distribution is managed internally to an extensive customer database including over 300 stockists nationally, interstate distributors, and exports to its USA customers through a dedicated USA distributor since the 1960's. They have access to Woolworths & IGA supermarkets nationally, and Coles in Tasmania.

The current owners are willing to stay on in a short-term management role to allow new owners to transition. They are willing to assist in a consulting role beyond this if needed.

* Strong revenue with substantial customer base
* Over 300 product stockists, interstate Distributors & USA exports
* Major supermarkets, including Woolworths & IGA nationally, and Cole Tasmania
* Experienced team of local employees
* Substantial leatherwood honey inventory included - extremely long shelf life
* Over 2,300 beehives strategically located in Tasmania
* Recognised name, brand and trademarked products
* Tangible asset value substantially exceeds EOI asking price

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A copy of the detailed Business Profile will be forwarded once the confidentiality agreement has been signed.