[Under Offer] This wholesale butchery business is based in Sydney’s West. It is a long-established operation that has been trading for approximately 40 years.
This is a niche business with a solid database of repeat customers. The organization sells business-to-business and customers are a mix of butchers, food manufacturers, wholesalers and food service providers. This is a clean, professionally run business that is both HACCP and Halal certified.
The factory is fully set up for meat processing and packaging. It has cool rooms, freezers, cryovac and all other required equipment. Further, late model refrigerated trucks are included for deliveries.
For the 2020 financial year, this business achieved sales of $7.9 million and net profitability (EBITDA) of $636,000. This is after factoring in a salary package of $150,000 for the owner! As a result, the total return to the owner working in the business was $786,000.
This could be a great purchase for someone working as a butcher who would like to run their own business. It could also be an excellent bolt-on acquisition for another business operating in the industry.
The owner is willing to train a buyer who is not from the industry, but who is willing to be hands on and to learn.
This quality business is being offered for sale at $1.8 million plus stock. Act quickly as businesses of this type rarely come onto the market and it is likely to attract strong interest.