Manufacturing-Distribution-Asian Food-Under Management

For Sale

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North West Sydney

Business Code: M2246

$495,000
+ Estimated Stock (SAV) $50000
Key Features: Long established for 8 years with good reputation for tasty products. Regular customers. - Excellent facilities and equipment. - Low rent with long lease. - 4 days trading with short trading hours. Fully under management. - Huge potential.
State: NSW
Suburb: North West Sydney
Location: Brilliant location in a modern business complex in North West area of Sydney.
Premises: Occupies two large factory units with total area approx. 430 m2 in good condition.
Price not disclosed

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Involved in too many businesses.

Sale Reason

2017

Established

7 car spaces

Parking

Fully under management- One Manager plus 3 staff

Employees

4 days - Monday to Thursday: 6 am to 2 pm.

Trading Hours

2 units with same lease terms - 5 + 5 years commenced May 2022. - 3% annual increases. - 3 months security bond.

Lease

Manufacturer producing authentic Korean tasty food such as spicy beef / pork / chicken soup, beef rib soup with different flavours. Factory made and ready to eat food with nice packaging distributed to Asian supermarkets and restaurants. Fully equipped commercial kitchen with 7 exhausts, 3 large woks, huge freezer and cool room. The factory equipment includes established and new machines-1 blaster freezer, one label peeling machine, one automatic label apply machine, two large sealing machines, one automatic stir wok, one deep fry, one meat ball machine, one vegetable cutting machine and one metal detector machine. These useful machines make jobs easy and save on wages. Own website.

Features

Long established for 8 years with good reputation for tasty products. Regular customers. - Excellent facilities and equipment. - Low rent with long lease. - 4 days trading with short trading hours. Fully under management. - Huge potential.

Potential

Could add other Asian food such as Chinese, Thai etc to boost sales. - Could expand distribution to other states of Australia. - Could open own retail shop. Could improve marketing to do home delivery. A great growth potential for a full time owner operator.

Comments

The rent includes all outgoings plus water bill. Misc.- 1 -Waste bill. - A fully managed business with high profit. All sales records can be proved on meeting with a serious buyer. Appointments and inspections must be through SBX business brokers. - Full training available with full recipes.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$20000
Cost of Goods
$7000
Gross Profit
$13000
Rent
$2510
Wages
$4000
Telephone
$25
Insurance
$95
Electricity
$400
Misc 1
$110
Total Expenses
$7340
Estimated Stock
(Additional)
$50000
Net Profit
$5660
Price
$495,000
+ Estimated Stock (SAV) $50000
Price
$495,000
+ Estimated Stock (SAV) $50000
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