Wholesale Food Distributor - Bakery Items - Wholesale Bread and Cake Distributor - Highly profitable - Industry leader - SFG1118

Wholesale Food Distributor - Bakery Items - Western Suburbs - Agent SBX Code Number: SFG1118

Leading wholesale distributor of breads and cakes to the hospitality industry. This highly regarded one stop shop for the hospitality industry offers the largest range of breads, sourdoughs and cakes currently available in Sydney and beyond. This superb supply chain business has relationships with around 16 bakeries and supplies products to over 100 cafes as well as clubs pubs and schools. Further growth is almost limitless and is underscored by the fact that this 14 year old business grew by 35% in the 2023 financial year. All the hard work has been done with the owners acquiring a number of smaller wholesalers and developing systems with high efficiencies. Excellent long term employees are another feature and the owners are not involved in the delivery aspect of the business. The business features a fully racked distribution warehouse and a fully relocatable home office. All training will be supplied to ensure a smooth transition. A unique food and hospitality opportunity with no manufacturing or cooking involved.

Potential
Market to pubs, clubs, schools and cafes. A genuine opportunity to establish a very large and dominant enterprise.

Features
Well established. Large supplier base - 16 - 20 bakery suppliers. Large regular client list of 130 - 140 cafes and other hospitality businesses. Excellent web site. Fully owned equipment. Excellent systems.Substantial business growth in 2023. Central distribution location. Experienced staff.

Premises
Distribution receiving and dispatch warehouse of concrete construction with high ceiling with upstairs office totalling 300sq m.

Location
Sydney wide business operation with distribution centre based in central western Sydney.

Trading Hours
7 days. - Office operates 7 days with flexible hours. Dispatch and receiving 6 days Monday to Saturday 12 midnight - 6 am.

Lease
Business owner owns the freehold. New lease available at $650 pw plus 3 month bond and 4% annual increase.

Employees
2 full-time owners, 1 full-time Manager, 2 office casuals, 1 night manager, 2 delivery drivers.

Comments
Very rare opportunity to acquire a leading food distributor which brings bakeries together with retail outlets such as the cafe industry. The business has the competitive advantage of being able to offer literally 1000s of products and to supply custom made products. The business reduces paper load for cafes and others with sophisticated invoicing systems and advanced telecommunications. Incredible growth in the last 12 months in a flat economy highlights the strength of this business. Good figures are available in support. The purchase price includes the physical assets of the business including four motor vehicles, racking and refrigeration and office equipment. Misc.- 1- refers to GST and Misc.- 2 - refers to all other expenditure items on the financial statements including motor vehicle expenses at around $100k per year.

Figures
Weekly Sales $56700
Rent (ex GST) $650
Wages $5200
Profit $9882


Agent SBX Code Number: SFG1118 - SBX Business Brokers