About the Business

Business ID: XB157937

T/O $6.23M p.a. Owners’ Income $600,000 p.a. Owner Prepared To Stay, So Could Be Run Under Management.

The business started over 20 years ago, as importers and distributors of high-quality European catering equipment for the food industry. With several exclusive supply agreements for Australia and New Zealand, the company has built a reputation second to none. With many specialised equipment lines covering a range of foods, the company has a wide range of products to sell to an even wider range of customers.

• Established 20 years.
• Niche Market.
• High Margins.
• History of Profits.
• Large Customer Base.
• Exclusive Distributor.
• Great Reputation.
• Good Growth Potential.
• Owner Prepared to Continue.

The owner is prepared to remain and manage the business on terms to be agreed.

This business would suit the requirements of a small equity fund management investment group or someone in the industry wishing to expand.

Asking Price: $725,000 for the goodwill and assets, Stock is not included and is currently approximately $3.5M at cost.