Listing ID: 297
When it comes to business, diversification is the key to success. And Merimbula Fresh Food Market services both the wholesale and retail markets. When it comes to lifestyle and location, you can’t do much better than this!
Selling fresh produce and specialty gourmet groceries, this business is located on the South Coast of NSW. Merimbula - known as the Jewel of the Sapphire Coast - is about a 5 hour drive from both Sydney and Melbourne. The wonderful climate, pristine beaches and abundant natural beauty offer a wealth of great lifestyle activities, including boating, surfing, fishing and more.
Merimbula Fresh Food Market’s current turnover is around $2 million per year producing solid returns. It is so well established that even the opening of a large supermarket in the area four years ago failed to diminish its income.
The wholesale side of the business involves the distribution of high quality fresh produce and deli items across the Bega Valley Shire to over 100 clients, including clubs, pubs, restaurants, motels, cafes, regional grocers and corner stores. Operating with 2 delivery trucks, the business offers a 7-day-a-week service.
The retail arm operates from a large premises with 2 entrances. The store enjoys plenty of foot traffic and is situated on a main thoroughfare. Products are sourced from local suppliers and other A-Grade markets, including high quality deli, dairy and grocery items, Pukara oils and vinegars, Meredith cheese, Barossa smoked meats and more.
The business is also a premium distributor of KitchenAid and stocks brands such as Le Creuset, Zero Japan, Brabantia, Alex Liddy and Baccarat. Accounts over the past 5 years show consistent revenue across all divisions of the business, with quick turnover and 40-45% cash clients.
With an ever increasing population and an offer of transition training from the current owners, this business is a winner!
Merimbula, New South Wales 2548