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Importer/Wholesaler Health Foods/Wholefoods

$ 950,000.00
Reference Number
2519
Title
Importer/Wholesaler Health Foods/Wholefoods
Date business was established
1989
Business for
Sale
Additional information
Additional information
Summary
Exceptional 30% year on year growth in this business to business health and wholefood retailers that also provides a contract packing service to boutique holistic brands. Established for over 30 years and owned by this couple for almost 5 years. It is on track to generate over $450,000 in profit for this current financial year. Certified organic is an advantage as this allows them to trade in the organic space which in itself has grown 88% since 2012 and is estimated to be worth $2.5 billion.

Revenue
$1,353,566 (9 months to March 31st 2019 Net Profit $337,614)

Potential
Currently working 4 days per week so there is capacity to increase output as sales grow. The best opportunity is to continue to do what these owners have done and they are willing to transition their knowledge and may even consult to a new owner to ensure that the momentum continues.

Recent initiatives implemented include supplying the distilling industry and herbs for horses supplying major chain in this sector.

They continue to look for opportunities. The business has shown 30% year on year growth for the past 5 years and will exceed that impressive growth this year.
The business was run from home until March 2019 and is now operating from .

About the Business

It is a straight forward business with goods purchased in bulk and broken down into smaller consumer packs and boxed and sold as 6 or 10 items in an order. Goods are stored in temperature controlled premises.

History
Established over 30 years with these owners running the business for almost 5 years.

Sale Price
$950,000 plus SAV
Annual Nett Profit
$ 337,614.00
Location
Country
Australia
States
South Australia
City
Gold Coast
Post code
90726
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