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#Business ID: 21829

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Commercial kitchen equipment dealer in Melbourne's north (stock sale only)

Business Location: Melbourne, Victoria, Australia

Asking Price: AU$ 1m to 5m Revenue: AU$ 1m to 5m Cash Flow: AU$ 1m to 5m

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

Business Of the Year ! 30 Years old Kitchen Equipment sale business

Reputable name in industry -supplier of new & used catering equipment

Immediate market entry opportunity with existing supplier/customer base

Annual turn over is $3,900,000 plus rental income.

Distributors of all major brands -leaders in hospitality equipment for over 30 years

Approx. 200 metre frontage inc car park & prime main road position in Melbourne’s north

Approx 7000 sq metres of site with lots of potential

Large premises and annual rent is $150,000 and lease options

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 can start branches in Victoria.

Ideal for many new opportunities or business visa migrant or family operation

Selling only asset base at $1.6m No need to pay cents to Goodwill.

Massive stock sale – opportunity of the year!

Contact: Dilun 0426 291 868

Property Details

Property Type:

Lease

Business Operation Details

Employees:

3

Support & Training:

vendor happy to train new owner

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

vendor retiring after 30 years

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