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Retail - Catering Equipment - Wholesale - Baking Products - Central Coast - (Code: F3126)

Established 50 years

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Price: $698,000






Weekly Takings (inc GST) $34,565
Cost of Goods $19,232
Gross Profit $15,333
Rent $1,563
Wages $5,660
Outgoings $
Telephone $171
Insurance $125
Electricity $66
Gas $
Misc 1 $1,980
Misc 2 $
Total Expenses $9,565
Net Profit $5,768
Coffee Kilos P/W 0.0

Estimated Stock

$450,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Retail and wholesale sales of catering equipment and consumables to the trade. - Also sells food preparation accessories, baking products, cake decorating tools and kitchenware to the public. - This is a unique and iconic business with strong presence among the food fraternity via great location and highly developed social media presence. - Supplies customers Central Coast, Hawkesbury, Hunter, North Coast and Australia wide online.

Potential
Ongoing growth potential from online websites for both national and international clients. - Also there is potential to trade on Sundays.

Features
Long history of consistent sales and profits. - Prominent street front location and showroom. - Top ten suppliers represent 50 % of all purchases. - Easy to operate. - Established 50 years

Premises
This business has an area of 600 sq. mts. of floor space comprising retail, office and warehouse space+ mezzanine storage of 250 sq.mts.

Location
Prime location on highway in Central Coast.

Trading Hours
5.5 days - Mon. to Fri. - 8.30 a.m. to 5 p.m. - Sat. - 9 a.m. to 1 p.m.

Lease
A new lease is available to a suitable purchaser.

Employees
2 owners - 4 1/2 days p.w. + 1 sales rep + 2 admin + 2 retail + 1 storeman and deliveries.

Comments
Strong cash flow with debtors only $10000. - Husbands vehicle is not included as part of the sale. - No prior similar business experience is required as highly skilled staff available.- The wholesale division of catering equipment and consumables represents 66% of total sales with a gross profit margin of 38.6% and the retail division represents the balance of 34 % with higher margins.- Powerful integrated accounting software package linking all sales channels including websites.


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3126

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