Australia’s leading one stop Hospitality Store. Established 28 years ago, with same owner whom has built a remarkable business. He is finally looking for an exit strategy for personal reasons, to be discussed. Having said that, he is most willing to stay on in the business for a very reasonable time-frame and handover.
They supply Cafes, Restaurants, Hospitals, Schools, Hotels, Canteens and Colleges just to name a few. They pride themselves on having in excess of 10,000 individual items in stock every day, including a very wide range of commercial kitchen equipment, appliances, commercial cookware, commercial cleaning and kitchen supplies, catering bakery equipment, glassware and more, all under well-known top kitchenware brands, delivered Australia wide. They assist an array of hospitality businesses with all catering supplies. Their Sydney operation is equipped to cater for all commercial kitchen needs.
- The business prides itself on being your “One Stop Hospitality Shop”
- Highly profitable and well established business – 27 years same owners
- Importers of Tabletop (Crockery, Cutlery, Glassware & Kitchenware) through a specialised sourcing agent in China
- They have a database of around 700 active customers
- Reseller of multiple top 1st tier commercial brands
- Trademark brands
- The business is broken up into a few main divisions, which are run from the same premises, namely:
- Wholesale – distribution of a range of high quality imported larger commercial kitchenware products, predominantly suitable for the trade, such as Café’s, Restaurants, hospitals, schools
- Commercial Shop Fitouts – They build and construct restaurants and café’s
- Retail – Within their current office premises, they have a fantastic, well sized retail presence on street front, with a wide range of home kitchen items, which is sold directly to consumers, leveraging off the street front passing trade
We see hundreds of businesses per year, always with the aim to ideally find businesses that tick all the boxes. This one is truly a gem, with so much going for it! A wonderful opportunity for a motivated person to truly hit the ground running.
Genuine Sale! Priced to sell!
Contact: Warren Levy – 0414 474 777
- Current Status: Listed for Sale
- Code: WL404
- Category: Non Food
- Type: Wholesale / Distribution
- Location: SYDNEY
- Sales: $3,282,232
- Period: 12 months
- Net Profit: $639,974
- Rent: $50,000
- Stock: $200,000
- Price: $950,000
- Long Financials: Available upon request
- Staff: Owner + staff - available upon request
- Lease: New lease to be discussed and negotiated - not critical to the nature of the business