Profitable Wholesale and Retail Seafood Supplier – NSW Coast
Turnover $7.8M - Adjusted Owner’s Earnings 24FY- $562,000
Business Sale Price:
$1,300,000 + SAV
Business ID: XB159767
Location: NSW Regional
Type: Retail
Click Arrows To Enlarge
Profitable Wholesale and Retail Seafood Supplier – NSW Coast
This is a rare opportunity to secure this long-established and tightly held business. The business is a major player in the region and is known for its exceptional quality and fantastic customer service. The business has good relationships with local fishermen, co-ops, and oyster farmers that will be transferable to a new owner.
A NSW Fish Receiver’s permit allows the business to buy directly from fishermen without having to go through a market.
The business has over 200 wholesale customers, with sales accounting for approximately 80% of turnover, with the other 20% coming from the retail outlet.
The business has good procedures and well-trained staff, allowing the vendors to travel at times of the year.
- Good revenue/cash flow
- Long established with successful trading history
- Substantial profits
- Growth over the years
- Systems and procedures in place
- Great reputation in the industry
- Well-known local business
- Work/life balance
- Few competitors
- Great relationships with suppliers
The owners are committed to a smooth handover process.
Opportunities like this don’t present themselves often. With solid relationships and strong buying power, this business could offer a new owner the ability to open corridors to bigger markets on the East Coast.
Asking Price: $1,300,000 +SAV
Details
Enquire About This Business
Disclaimer: The material on this site is made available for the purpose of providing information only and not as professional advice. We do not guarantee it is free of errors or omissions. Your personal position and circumstances have not been taken into consideration. Click here for the full disclaimer.