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Seafood Business For Sale in Mackay Harbour Townsville Mackay QLD

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Seafood Importer, Exporter Wholesaler For Sale

Location:Mackay Harbour, Townsville Mackay, Queensland

Category:Seafood, Import Export, Wholesale Distribution

Asking Price:$2,700,000

2700000

  • Sales revenue : $17,000,000
  • Net profit : $1,100,000
  • Furniture/Fixtures value : $200,000
  • Inventory/Stock value : $500,000
  • Seafood Importer, Exporter Wholesaler For Sale
  • Seafood Importer, Exporter Wholesaler For Sale
  • Seafood Importer, Exporter Wholesaler For Sale

Business description

SEAFOOD IMPORTER, EXPORTER WHOLESALER FOR SALE

This iconic brand and one owner business of 34 years is now offered for sale due to pending retirement of its owner.

Dual state operations, long term personnel with well-established Supplier and Customer networks located nationally and internationally.

Average annualised Sales for the past 6 years was $17M annually

18 -19 produced an EBITDA of $1.1M, 17 -18 $1.5M

Currently both premises are leased but freeholds are also available for sale separately.

If required, the owner is prepared to manage stock sourcing, importing, exporting for an extended time to ensure the transition is smooth ensuring the buyer is fully conversant with the industry/ suppliers/customers etc

The business also has a subsidiary retail operation supplying the public.

Massive premises with availability for additional storage, personnel facilities, accommodation, sublet possibilities, the business could seek expansion into food services etc

For the buyer - Working capital requirements $500,000

$2,700,000 plus current SAV @ $1.8M - although stock can be reduced to $300K - $500K

Gary Johnston [Phone Number Censored]

Other Information

  • Real Estate: Freeholds also available for sale.
  • Years Established: 1986
  • Employees: 13
Johnston Business Sales
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