Wholesale Seafood Distribution - Newcastle

Wholesale Seafood Distribution - Newcastle

Stock Included: — Stock Value: —

Years Est: — Gross Revenue: —

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 – specialised 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
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the office on 1300BROKER (1300276537)

Additional Details