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UNDER OFFER Rare Opportunity to Acquire Food Distributor - $1.5M (15086)


UNDER OFFER Rare Opportunity to Acquire Food Distributor - $1.5M (15086)

One of the largest olive manufacturing plants in Australia.

Food Distribution Business - Taking $310,000pw (15086)
Business being sold for $1.5M, with the OPTION to also purchase the freehold, positioned over 4,100sqm for $3.1M.
This business has been well established for over 40 years, based in Adelaide this food distribution and wholesale business predominantly specializes in the distribution of all Mediterranean food products. This business has $16.3 million turnover per annum and an EBITDA of $330,000 per annum.
The infrastructure is in place for this business to be taken to the next level.

This business is located in the heart of Adelaide.

Due to the age of the current vendor, the family business is purely being operated in pilot mode and would be suited to investors or an owner-operator to drive the business to the next level with the infrastructure already in place.
Current roles filled in the business include Operations Manager, Office Administrator and additional sales representatives with the business being run semi under management due to the current vendor's retirement position.

This business presents a unique investment opportunity for investors with an interest in the food distribution and services market. Operational for over 40 years, the business has an established presence throughout Adelaide and has experienced very strong financial performance and a stable growth within its market.
Individual investors, existing distributors and/or food service provider businesses and food facilities businesses are highly encouraged to consider this opportunity.

The business services the wholesale food markets of Adelaide and has a network of clients and customers in the hospitality sector and supermarket retail premises throughout Adelaide.
The business has an established customer base which has generated multiple business relationships and created a solid base load of recurring work. This has provided a valuable revenue stream.

• Revenue in FY2018 $16,261,292
• Revenue FY2017 were $15,503,022
• Revenue in FY2016 $14,579,000
• Revenue in FY2015 $13,710,000
Great opportunity as a big improver. Business is purely being sold due to a retiring vendor.

• Over 40 years of trading history with increasing revenue
• Reputation with clients resulting in customer loyalty, strong business relationships and a solid base load of recurring work.
• Effective operating procedures, internal systems, and delivery focused. The breadth of staff knowledge of business and operational management procedures have reduced significant reliance on senior management which will assist in a smooth business transfer.

We are seeking Expressions of Interest for the business as a going concern, including goodwill, related assets, stock, and operational plant and equipment. Interested parties should contact Steven Mostafa for more information, including a detailed Information Memorandum relating to the business.

For more information contact Steven on 0407 999 888 today!

Business Snapshot

Price: $1,500,000 Takings: $310,000 p/w

Listing ID: 15086


  • Listing ID 15086
  • Status For Sale
  • Location ADELAIDE
  • State South Australia
  • Price $1,500,000


Steven Mostafa
  Contact Us
  LINK Business Melbourne

Suite G.02, Ground Level, 1-11 Gordon Street
Cremorne, VIC 3121

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00