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Importer/wholesaler Health Foods & Wholefoods + Contract Packer For Sale

Gold Coast, Queensland
Asking Price:
$950,000 (AUD)
Sales Revenue:
$1,213,815 (AUD)
Cash Flow:
$270,335 (AUD)

Summary
Exceptional 30% year on year growth in this business to business health and wholefood retailers that also provides a contract packing service to boutique holistic brands. Established for over 30 years and owned by this couple for almost 5 years. Certified organic is an advantage as this allows them to trade in the organic space which in itself has grown 88% since 2012 and is estimated to be worth $2.5 billion.

Revenue July - March 2019
$1,353,566
Net Profit
$337,614 July - March 2019

Potential
Currently working 4 days per week so there is capacity to increase output as sales grow. The best opportunity is to continue to do what these owners have done and they are willing to transition their knowledge and may even consult to a new owner to ensure that the momentum continues.

Recent initiatives implemented include supplying the distilling industry and herbs for horses supplying major chain in this sector.

They continue to look for opportunities. The business has shown 30% year on year growth for the past 5 years and will exceed that impressive growth this year.

The business was recently moved from a home base to warehouse facilities located at Upper Coomera. More space will allow bigger buying opportunities which can deliver 10% to 15% extra gross margin. Products have up to a 2 year shelf life also.

Skills
All the systems and procedures are in place, so great customer service skills are all that are required. An understanding of social media an advantage in the marketing.

Hours
Monday to Thursday 7am until 3pm (2 shifts with part time workers). Four short days.

Lease
The rent is $60,000 + GST per annum with 3% per annum increase over a 3 year lease.

Location
The business was moved from their home in March 2019 to warehouse facilities in Upper Coomera.

Employees
2 owners plus (only 4 short days) 1 full time staff in production and 5 part time staff.

Reason for Sale
They have been offered a new opportunity with a cost saving group.

About the Business
The business has shown a 30% year on year growth for the past 5 year and is on track to exceed that this year.

It is on track to generate $450,000 plus in profit for this current financial year as demonstrated by the $337,614 net profit for the 9 months to the end of March 2019. Certified organic is an advantage as this allows them to trade in the organic space which in itself has grown 88% since 2012 and is estimated to be worth $2.5 billion.

It is a straight forward business with goods purchased in bulk and broken down into smaller consumer packs and boxed and sold as 6 or 10 items in an order. Goods are stored in temperature controlled premises.

Products are packed or sold in bulk to the following industries:
• Health food and Wholefood stores.
• Pet food wholesale and manufacturing.
• Distilling.
• Tea Blenders
• Tea retailers

Products and services supplied include:
• Wholefoods
• Spices
• Herbs
• Pet foods
• Tea
• Tea Blending

There are close to 400 items in the product range.

History
Established over 30 years with these owners running the business for almost 5 years.

Sale Price
$950,000 plus SAV

Property information

Location:

The business was run from home up until March 2019. It is now located in warehouse facilities in Upper Coomera.

Premises Details:

The rent is $60,000 + GST per annum with 3% per annum increase over a 3 year lease.

Business Operation

Expansion Potential:

Currently working 4 days per week so there is capacity to increase output as sales grow. The best opportunity is to continue to do what these owners have done and they are willing to transition their knowledge and may even consult to a new owner to ensure that the momentum continues.

Recent initiatives implemented include supplying the distilling industry and herbs for horses supplying major chain in this sector.

They continue to look for opportunities. The business has shown 30% year on year growth for the past 5 years and will exceed that impressive growth this year.

The business has recently moved to warehouse premises. More space will allow bigger buying opportunities which can deliver 10% to 15% extra gross margin. Products have up to a 2 year shelf life also.

Reasons for selling:

They have been offered a new opportunity with a cost saving group.

Trading hours:

Monday to Thursday 7am until 3pm (2 shifts with part time workers). Four short days.

Employees:
2 owners plus (only 4 short days) 1 full time staff in production and 5 part time staff.
Years established:
30 years plus

Other Information

Support & training:

The best opportunity is to continue to do what these owners have done and they are willing to transition their knowledge and may even consult to a new owner to ensure that the momentum continues.

Related Documents:

Contact Information

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