Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$295,000 (Negotiable)
Type:
Business
Industry:
Commercial Services > Manufacturing, Wholesale & Distribution > Manufacturing Wholesale
An under management & profitable food manufacturer offering online orders & wholesale services – 2 days of production per week in a commercial kitchen.
$230,000 pa
This business specialises in healthy beverage manufacturing, primarily cold pressed cleansing juices crafted with proprietary recipes. Present owners are retirees and brought this business as a passive income play in 2023. The business was having management issues so the owners appointed a new Manager around mid 2024 to revamp the whole operation.
The manufacturing operation of the juices is conducted 2 days weekly with a team of workers (25 hours/ week each) supported by a Manager who does the supplies sourcing, orders taking, delivery and general administration etc. The business has no retail shop and only has a manufacturing site which is a rented commercial kitchen equipped with top quality equipment (owned by the business) with a crazily cheap rent of $500/week (inclusive O/G & GST) and an "one-year" lease supported by an easy-going landlord. In order to strengthen its branding, popularity and to promote its products, the business attends the weekend farmer's markets and generating additional revenue.
Besides, the business has a very strong online presence which acts as its retail front. It has a combined weekly averaged income of $10,000 (huge room to grow) including sales incomes from wholesale, online retail and weekend retail at the farmer's market.
Against the backdrop of cheap rent, reasonable wages and low costs of goods facilitating this business to have a weekly net profit of close to $5K with an annual netting of close to $250K.
The owners have decided to retire overseas hence the offload. A new motivated owner with entrepreneurial ambition can boost revenue immediately by expanding the wholesale market by developing new distribution channels. There's significant potential in developing wholesale opportunities for supermarket shelves, fitness centres and schools' canteens. Additionally, the new buyer can further enhance market reach and customer loyalty. This business is primed for growth, and an aggressive business strategy could take it to new heights.
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