Sold

Major Supplier to Hospitality Industry FOR SALE - Gold Coast

Servicing 80% Commercial customers and 20% Retail customers, this popular business sells in-store, online and direct from their warehouse to commercial projects.

Revenue for FY2022 is projected to exceed $12 million dollars. It’s perfectly positioned for further growth in the future.

This business enjoys a significant market share of the sector in which it operates.  Now, from its prominent, main road showroom on the Gold Coast and huge off-site warehouse, it supplies customers all over Australia.

Key points about the business include:

  • Established 26 years
  • A huge range of top-quality brands and products
  • Strong growth with a dramatic upswing in commercial sales
  • Highly experienced retail and commercial sales teams
  • Large database of very loyal customers, and
  • A new online store with lots of upside.
  • They sell practically everything from cutlery, crockery, and glassware to the largest commercial equipment
  • They coordinate commercial kitchen layout plans and then supply everything required once it’s built, etc.

With high-performing commercial sales consultants both on-the-road and in the showroom, this exceptional team has been touted by many as the best in the industry.

The launch in January of an online sales platform has met with instant success and there remains massive potential to grow this side of the business even further.

This will make a smart acquisition for a retailer already in the sector seeking increased market share and a return on investment of 40%.

This attractive opportunity won’t last long.  So, get in touch with the exclusive broker now.  Under confidentiality, he’ll be delighted to provide you with all the information you need about this major retailer.

FOR SALE:  $1,550,000 + Stock at Valuation (approx. $1mill)

For further information on this opportunity, contact:

Ian Salter
Senior Business Broker
Benchmark Business Sales and Valuations
M: 0433 563 585 T: 1300 366 521 E: ian@benchmarkbusiness.com.au

If you'd like to know more about the business go to our website www.benchmarkbusiness.com.au and use the reference: bus2899 to search for the business.


Benchmark Business Sales and Valuations

Please ensure you have the necessary capital or equity (Approx. $3million) before expressing an interest in this business.

The images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Retail, Food and Beverage, Home-ware, Kitchenware, Retail and Commercial Hospitality, Appliances, Cookware


Submit Confidentiality
Agreement

     Status
Sold

     ROI
40%

     Annual Revenue
$8m - $12m

     Listing Price
UNDER CONTRACT - $1,550,000 Plus Stock

     Location
QLD

     Industry
Food/Beverage

     Earning Type
Managed

     Years Trading
25+

     Stock Level
$1m

     Reference Number
bus2899





Ian Salter

Business Broker

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