Wholesale distribution business
Sold
Business Description
- Servicing independent supermarkets
- Currently run under management
- Stock is warehoused and delivered by local company at present
- Ideally suited to hands on operator or bolt on to a similar business
Extended Price Information
| Goodwill including Plant & Equipment | $170,000 |
|---|---|
| Stock at valuation (approx) | $65,000 |
| $235,000 |
Financial Summary
| Year | Sales | Return to Owner |
|---|---|---|
| 2013/2014 | $1,114,513 | $153,043 |
| 2014/2015 | $1,014,342 | $173,620 |
The return to owner is a net return to one/two working owners after all expenses and wages but excluding the vendors’ wage. This business is currently run under management and the owners are not involved in the day to day operation of the business.