Wholesale Seafood Distribution – Newcastle Newcastle, Hunter Valley

$430,000

Plus Stock at Value (SAV)

Category: Food and Beverage Services

This business is a rare find with not many competitors in this space and would provide buyers with so much confidence and opportunity supported by a 50% return on investment.

The business has delivered consistent and steady financial growth over the last 5 years, and even through Covid 19 had a great financial year.

The business operates from one location and includes a thriving shop front accounting for around 40% of sales and large rear area dedicated to wholesale preparation and packaging ready for deliveries which accounts for around 60% of sales.

 

KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:

  • Established for over 50 years
  • Limited to no competition – specialized service
  • Turnover of around $1.6M
  • Adjusted Net Profit $230,000.
  • Retiring owner works a few hours per week doing admin
  • Servicing Newcastle & Lake Macquarie

Agent Details

Floorplan