Inner West
NSW
$289,000
Manufacturing - Korean CuisinePrice: $350,000Net Profit: $14,132 |
Visit this listing at https://www.sbx.com.au/business?id=W1914 |
|
Business Code: W1914 Key Features: Manufacturing Korean Food -Netting over $14,000.pw. -Inner West State: NSW Location: Situated in modern Industrial Park in the Inner West of Sydney. DescriptionManufacturing company which is very well known for making some of the best Korean food including 12 kinds of frozen soups, 5 different Kimchi and 30 other Korean specialities that tastes just like home cooked food. The food is cooked, packed and distributed to supermarkets in Sydney and also Brisbane (1 pallet per month) Melbourne ( 1 pallet per month) Adelaide (1 pallet per month) on average. -Three wholesalers also take food and distribute to Sydney shops. Frozen Truck Hince 2016 ($25,000) included in business price - . Growing business with endless potential. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$26,762Cost of Goods$8,028Gross Profit$18,734Rent$1,338Wages$2,000Outgoings$188Insurance$96Electricity$500Gas$480Total Expenses$4,602Estimated Stock (Additional)$30,000Net Profit$14,132Price$350,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Manufacturing - Korean Cuisine
Business Code: W1914Price: $350,000
+ Estimated Stock (SAV) $30,000
Key Features: Manufacturing Korean Food -Netting over $14,000.pw. -Inner West
State: NSW
Location: Situated in modern Industrial Park in the Inner West of Sydney.
Business Overview
Manufacturing company which is very well known for making some of the best Korean food including 12 kinds of frozen soups, 5 different Kimchi and 30 other Korean specialities that tastes just like home cooked food. The food is cooked, packed and distributed to supermarkets in Sydney and also Brisbane (1 pallet per month) Melbourne ( 1 pallet per month) Adelaide (1 pallet per month) on average. -Three wholesalers also take food and distribute to Sydney shops. Frozen Truck Hince 2016 ($25,000) included in business price - . Growing business with endless potential.
Summary
- Key Features: Good reputation. Well known Korean Food manufacturing company in Australia. Full set of cooking facilities and equipment. Convenient traffic location for delivery. Cheap rent. Very high sales increasing every month due to adding to menu.
- Potential: ideal business for two families or partnership. Can be add more new menus such as Korean, Chinese or Thai food. There is the potential to increase sales by being more active with social media and marketing of home & office deliveries with uber eats & other delivery services. Could increase revenue through improving the range of healthy food.
- Premises: This food factory has an area of 250 sq. mts. with 2 cool rooms and 1 freezer room
- Trading Hours: Open 5 days - Monday to Friday: 6:00 am to 3:00 pm.
- Lease: Current lease expires October 2027 - 3 months bond - Rent increases by 3.5% per year.
- Employees: 2 owners + 2 full timers
- Sale Reason: Health problem
- Comments: Outgoings : Land tax $96 p.w. - Council rates $92 p.w. - Stock of $30,000 is frozen food $10,000, dry food $20,000. One pallet food price approx. $8,000- $9,000 per pallet, -Sales $26,762 p.w. includes distribution to Melbourne, Adelaide, and Brisbane, plus delivery to Supermarkets in Sydney plus Internet sales through website.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$26,762
Cost of Goods
$8,028
Gross Profit
$18,734
Rent (ex GST)
$1,338
Wages
$2,000
Outgoings
$188
Insurance
$96
Electricity
$500
Gas
$480
Total Expenses
$4,602
Estimated Stock (Additional)
$30,000
Net Profit
$14,132
Price
$350,000
+ Estimated Stock (SAV) $30,000
Enquire about this listing
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.