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Food, Beverage & Hospitality business for sale in Mackay Harbour

  • Food, Beverage & Hospitality
  • Mackay Harbour QLD 4740
  • $2,700,000 (GST na)

Netted $1.1m in 2018 -2019

This iconic brand and one owner business of 34 years is now offered for sale due to pending retirement of its owner.
Dual state operations, long term personnel with well-established Supplier and Customer networks located nationally and internationally.
Average annualised Sales for the past 6 years was $17M annually
Currently both premises are leased but freeholds are also available for purchase
If required, the owner is prepared to manage stock sourcing, importing, exporting for an extended time to ensure the transition is smooth ensuring the buyer is fully conversant with the industry/ suppliers/customers etc
The business also has a subsidiary retail operation supplying fresh seafood to the public.
Massive premises with availability for additional storage & personnel facilities, accommodation, sublet possibilities, the business could also seek expansion into food services etc
For the buyer - Working capital requirements $500,000
$2,700,000 plus current SAV @ $1.8M - although stock can be reduced to $300K - $500K
Gary Johnston 0411 598 801

Business Highlights

Business ID2016123835
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Last updated  3 Mar 2020
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Map for Mackay Harbour QLD 4740Mackay Harbour QLD 4740
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