Ormeau, Queensland 4208
Leading Queensland Specialised Food Distribution Company - 100% Share Sale
For Sale | $4,590,000
Established for over 20 years, this well known business has become one of the leaders in the industry with 2021 sales revenue of $18,564,443.
The business services Queensland and Northern NSW and looks after some of Australia's favourite brands with long term relationships in place with leading suppliers.
The business currently has over 3000 active accounts on hand and boasts some of the most impressive internal systems and procedures you will find for a business of this kind.
With a strategic management team in place, this business no longer requires day to day input from the current owner who is looking to retire.
* Sales 2020/21 $18,564,443
* EBITDA 2020/21 $617,362
* Future Maintainable Earnings (FME) $758,897
* Goodwill $2,000,000
* Adjusted Balance Sheet Equity $2,590,000
* Sale Price for 100% Company Shareholding (Includes approx $2m in stock) $4,590,000
A comprehensive Information Memorandum is available to genuine and qualified parties only upon approval from the vendor by completing our confidentiality agreement here - https://forms.gle/XHcstnxA9Fhi97nh8