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Leading Queensland Specialised Food Distribution Company - 100% Share Sale

$4,590,000

Ormeau, Queensland

Leading Queensland Specialised Food Distribution Company - 100% Share Sale

One of Queensland's largest specialised food distribution businesses is now available to purchase via 100% Company Share sale.

Established for over 20 years, this well known business has become one of the leaders in the industry with 2021 sales revenue of $18,564,443.

The business services Queensland and Northern NSW and looks after some of Australia's favourite brands with long term relationships in place with leading suppliers.
The business currently has over 3000 active accounts on hand and boasts some of the most impressive internal systems and procedures you will find for a business of this kind.

With a strategic management team in place, this business no longer requires day to day input from the current owner who is looking to retire.
* Sales 2020/21 $18,564,443
* EBITDA 2020/21 $617,362
* Future Maintainable Earnings (FME) $758,897
* Goodwill $2,000,000
* Adjusted Balance Sheet Equity $2,590,000

* Sale Price for 100% Company Shareholding (Includes approx $2m in stock) $4,590,000

A comprehensive Information Memorandum is available to genuine and qualified parties only upon approval from the vendor by completing our confidentiality agreement here - https://forms.gle/XHcstnxA9Fhi97nh8

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Last updated: 29th September 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Ormeau
State
 Queensland
Price
$4,590,000
Category
  • Distributors
  • Health/Beauty

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Agency

Business Brokers Network

Business Brokers Network

Contact

Dru Morgan