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Highly Profitable Business (EBITDA FY19 $377,000)

$1,100,000 + SAV

  • ID Ref BR1365
  • Suburb Melbourne
  • State VIC
  • Status For Sale
  • Highly Profitable Business (EBITDA FY19 $377,000)

Business Description

Run under full management, this is an exciting opportunity to become one of the largest cake suppliers in Melbourne (wholesale and retail)!! Business highlights as follows:

- Very well known brand renowned for high quality products
- Potential to convert business into a franchise model
- Basic entry level business skills required, simple business to operate
- Holds significant market share in Melbourne market
- Large purpose-built manufacturing facility (perfectly located 7km south-east of Melbourne CBD in Armadale)
- Extensive list of wholesale and corporate clients (ASX listed companies, Big 4 banks, Melbourne airport, Virgin, Jetstar, Coles, Google, Apple, Microsoft, Cadbury, media outlets, the list goes on and on...)
- Three retail outlets located in prime locations around Melbourne CBD
- Large volume of online orders received daily

- Asking Price: $1,100,000 plus SAV
- EBITDA in FY19 $377,000
- Long and secure leases across four tenancies
- Enviable reputation in the industry for quality and consistency

- Fully equipped manufacturing facility with all plant and equipment included in the sale price
- Capacity for growth
- Skilled and experienced team of staff will transition to the new owner
- Very high profit margins
- Current owners have no background in cake/ pastry making

A full Information Memorandum, including financials, will be provided only after the completion of a Confidentiality Agreement.

Contact Cameron Ryan of bbroker on 0411 145 114 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1365.

This is another bbroker Exclusive Listing...

Business Features / Snapshot

Your Business Broker

Cameron Ryan

Business Location

Melbourne, Victoria 3000