$2.1M+ Annual Sales | $333K Earnings | Long-Term Client Base
After 25+ years of trusted operations under current ownership and more than 35 years in the industry the owners of this well-established wholesale produce business are ready to retire, spend more time with their grandchildren, and enjoy long-overdue travel.
Based in Canberra's industrial centre, the business services over 60 loyal clients daily including cafes, schools, childcare centres, clubs, and more delivering premium, market-sourced fruit and vegetables with reliability and care.
Key Highlights:
* $2.13M in Annual Sales (FY24) with 30%+ gross margins
* $333,274 PEBITDA Stable, proven earnings
* 275 sqm Premises with secure 5 + 5 year lease
* $420,000+ in Plant & Equipment Trucks, cold rooms, forklift, CCTV, etc.
* Low Operating Hours 5.5-day week, no Sundays or public holidays
* Zero Marketing Spend All customers via natural word of mouth
* Systemised Operations MYOB used for admin and customer management
* Lean Team Owner-operator model with casual warehouse support
Market Opportunity:
The ACT wholesale produce sector is estimated at over $300 million annually, and this business commands less than 1% market share. The growth runway is significant implement online ordering, expand delivery areas, or increase sales efforts to unlock the next stage.
Transition Support:
A comprehensive 1-month handover is proposed, with the owners offering to:
* Introduce key suppliers and clients
* Guide you through delivery and ordering systems
* Provide ongoing support with market procurement if needed
Investment Summary:
* Business: $900,000 + $25,000 Stock at Value
* Equipment: Included and unencumbered
* Lease Bank Guarantee: $27,500
Confidential Enquiries to:
Frank Walmsley Capital Commercial Business Sales 0400 446 605
sales at capitalcommercial.com.au www.capitalcommercial.com.au