Manufacturing-Distribution-Asian Food-Under Management - M2246

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$495,000

Description

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.

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.

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.

Premises

Occupies two large factory units with total area approx. 430 m2 in good condition.

Location

Brilliant location in a modern business complex in North West area of Sydney.

Trading Hours

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

Lease

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

Employees

Fully under management- One Manager plus 3 staff

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.

SBX ID

M2246

Figures
  • Takings: $20000/week (GST)
  • Cost of Goods: $7000
  • Gross Profit: $13000
  • Rent: $2510
  • Wages: $4000
  • Telephone: $25
  • Insurance: $95
  • Electricity: $400
  • Gas: $200
  • Misc 1: $110
  • Total Expenses: $7340
  • Nett Profit: $5660
  • Estimated Stock (Additional): $50000
  • All other values ex GST
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