Visit this listing at https://www.sbx.com.au/business?id=FN1191

Business Code: FN1191

Key Features: Manufacturer - Korean Cuisine - Distribution - South West Sydney

State: NSW

Location: Situated in industrial area in a modern business park in South West Sydney.

Description

Manufacturer of more than 30 varieties of rice cakes freshly made daily and other Korean foods which are distributed Sydney wide to over 30 grocery stores. - Fully equipped commercial kitchen, storeroom, packing area, work space, roasting room, cool room, freezer room and office with 4 rice cake machine, 3 kneadly machines, 5 burner gas cook top, 7 exhausts, 3 gas woks, 1 Microwave, 2 packing benches with storage, 2 sealing machines, 1 food processing machine, 1 washing machine, 1 noodle machine, 1 conveyor belt, 6 electric roller mills, 1 -10hp steam boiler, automatic packing machines as well as plenty of other equipment.- Business price includes 2 vans and 1 crown gas fork lift

Summary

  • Features: Well known brand - Good reputation for tasty rice cakes.for 37 years - Rare opportunity - The best Korean food factory in Australia. - Hundreds of personal customers.
  • Potential: Suit family business. - cook other kinds of food such as Chinese, Thai and supply to supermarkets. - Expand distribution to whole of Australia and other Asain supermarkets- Add more dishes - unlimited potential
  • Premises: Two unit factory with an area of 600 sq.mts. and includes huge cool room, freezer room, office and 2 room residence upstairs
  • Trading Hours: 6 days - 5 a.m. - 3 p.m.
  • Lease: Vendor sold property and has 6 months + 6 months lease from May, 2020 with new landlord - New owner can have longer lease - 1 month bond
  • Employees: 3 family members + 4 full timers + 2 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$40,000

Cost of Goods

$10,000

Gross Profit

$30,000

Rent

$1,680

Wages

$5,800

Outgoings

$200

Telephone

$40

Insurance

$50

Electricity

$300

Gas

$230

Misc1

$100

Total Expenses

$8,400

Estimated Stock (Additional)

$50,000

Net Profit

$21,600

Price

$600,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Manufacturing - Distribution - Korean Food - Rice Cake

Business Code: FN1191
Price: $600,000

Key Features: Manufacturer - Korean Cuisine - Distribution - South West Sydney

State: NSW

Location: Situated in industrial area in a modern business park in South West Sydney.

Description

Manufacturer of more than 30 varieties of rice cakes freshly made daily and other Korean foods which are distributed Sydney wide to over 30 grocery stores. - Fully equipped commercial kitchen, storeroom, packing area, work space, roasting room, cool room, freezer room and office with 4 rice cake machine, 3 kneadly machines, 5 burner gas cook top, 7 exhausts, 3 gas woks, 1 Microwave, 2 packing benches with storage, 2 sealing machines, 1 food processing machine, 1 washing machine, 1 noodle machine, 1 conveyor belt, 6 electric roller mills, 1 -10hp steam boiler, automatic packing machines as well as plenty of other equipment.- Business price includes 2 vans and 1 crown gas fork lift

Summary

  • Features: Well known brand - Good reputation for tasty rice cakes.for 37 years - Rare opportunity - The best Korean food factory in Australia. - Hundreds of personal customers.
  • Potential: Suit family business. - cook other kinds of food such as Chinese, Thai and supply to supermarkets. - Expand distribution to whole of Australia and other Asain supermarkets- Add more dishes - unlimited potential
  • Premises: Two unit factory with an area of 600 sq.mts. and includes huge cool room, freezer room, office and 2 room residence upstairs
  • Trading Hours: 6 days - 5 a.m. - 3 p.m.
  • Lease: Vendor sold property and has 6 months + 6 months lease from May, 2020 with new landlord - New owner can have longer lease - 1 month bond
  • Employees: 3 family members + 4 full timers + 2 casuals
  • Sale Reason: Retirement
  • Comments: Rare to find such a good business - High amount of sales on Asian Thanksgiving and Korean and Chinese New Year - Motivated vendor - All sales records can be proved (invoices, sales record book)- outgoings is water fee- full training available- since the current Covid 19 pandemic sales have increased- Please contact broker or vendor before visiting the business.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$40,000

Cost of Goods

$10,000

Gross Profit

$30,000

Rent (ex GST)

$1,680

Wages

$5,800

Outgoings

$200

Telephone

$40

Insurance

$50

Electricity

$300

Gas

$230

Misc1

$100

Total Expenses

$8,400

Estimated Stock (Additional)

$50,000

Net Profit

$21,600

Price

$600,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.