Family operated business Of the Year! and generating strong net profit.
A reputable name in the industry -supplier of new & used catering equipment
Annual turnover is $2,800,000 plus rental income from sub-Tennent.
Currently selling; Food Displays, Commercial Fridges/Freezers, Cool Rooms Ice Cream & Dishwashers, Coffee Machines & Grinders, ovens Etc..
Immediate market entry opportunity with existing supplier/customer base
Distributors of all major brands -leaders in hospitality equipment for over 30 years
Approx. 200-metre frontage incl car park & prime main road position in Melbourne's north
Approx 7,000 sq metres of the site with lots of potential into this business
Long lease available well below market value rental
Stock & fittings near $2 million value but need to sell due to the retirement.
Massive potential and possibility to start branches across Victoria.
Ideal for a business migration visa purpose as well.
Selling only asset base at $1.6m. No need to pay cents to Goodwill.
Massive stock sale opportunity of the year!
For more details, please email the broker or call agents.