Distribution Import Wholesale Distribution

Business ID: BS[********* distributes products through its 3 retail outlets and wholesales under licence agreement to 2 others. T/O in excess of $6M. This business is a successful high end importer and Cafe-Bakery chain with multiple outlets specialising in traditional European bread and pastries. All company owned stores are fitted with quality equipment and counters from Europe. The European bread and pastries are imported as frozen products from a leading European supplier. The imported products are stored in a freezer storage facility of approximate size 300m2 located on the outskirts of the CBD and are delivered to the retail outlets. Each outlet will bake the bread and pastries on site in ovens and sell them while they are fresh. Without the need to employ an experienced baker (any person can learn within 2-3 weeks)Last 3 years approximate results: 2017 - TO $6.1M - Adjusted profit $810K 2018 - TO $5.9M - Adjusted profit $1.1M 2019 - TO $6.0M - Adjusted profit $1.08M -Established for over 14 years -Prime retail locations -All systems in place ready for expansion Opportunities for expansion into Wholesaling, Franchising the current system, increasing company stores or a combination of all three. Training and owners handover support will be provided. This is a fantastic opportunity for a buyer wishing to enter into a stable business or an experienced operator wishing to find a business to grow and expand to new levels. Asking price $3,500,000 + Stock

Distribution Import Wholesale Distribution

Location: Sydney New South Wales, Australia

Contact No. ******3331 View

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