Specialist Food Service Wholesaler

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Internal Ref: WM356

Summary

One of the best known names in its field.

About the Business

For decades this highly regarded business has been the go to supplier for dry, refrigerated and frozen products to a popular and ever expanding market sector.

In addition to distributing quality products from a range of manufacturers and importers the business has several in house brands that have become industry staples.

MUST BE RELOCATED – The business operates from a huge premises which is no longer fit for purpose. The successful purchaser will need access to around 3,000 of warehouse space including dry, refrigerated and frozen facilities within 2 – 3 months after completion of the sale. To be clear, if you don’t have an existing food wholesale operation or suitable warehouse this business IS NOT for you!

The business is perfectly suited to an existing foodservice wholesaler, manufacturer or importer looking to enter or expand its operations.

Sales average around $20 mil pa.

Customers are a broad mix of independent stores, franchises and restaurants plus a number of general food service wholesalers.

The business has a great team in place including a general manager and operations manager who look after most of the day to day running of the business with financial control and some admin handled by the owners.

There will never be another opportunity to secure a multi generational food industry name like this!

Price: $2.5 mil + SAV ($1.3 mil approx)

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