SOLD- Corporate and Commercial
Food and Beverage
$1,375,000 - Wellington
This is a premium, well established, well respected operator within their industry. They have an enviable, high profile loyal customer group. The business has been servicing the Wellington region for 25+ years.
The business has a number of highlights worth considering;
- Enviable repeat customer groups
- Circa 600 client accounts during FY2020
- Supplying Wellingtons most recognisable high profile brands
- Brand represents consistent high quality product and excellent service
- Supply to critical response teams during COVID
- Premium purpose built facilities
- Genuine opportunities for growth
- Owner retiring
The business has operational and profitable under Covid-19 lockdown as an essential service. Most recently they have been trading at levels greater than the same periods in the previous year.
Net Surplus $517,000 YE March 2020 EBPITD
$507,000 YE March 2019 EBPITD