Distribution

CODE	FP572
BUSINESS TYPE	Distribution
AREA	Sydney
BUSINESS ESTABLISHED	1992
LEASE	Office- Located at the owners home- Cherry brook Main Premises- Castle Hill Car Spaces- 3 Lease Term- To Be Negotiated - Presently 2month rent in advance Commenced: July 2006 Security Deposit 2 months rent- bank guarantee Increases- CPI
RENT	Annual Rent- $27,000 approx including o/goings Outgoings are included in the rental.
TRADING HOURS - WEEK DAYS	Office- Monday-Friday 9am-5pm Deliveries- Hrs are variable by the runs most usual time is 3.3am-10.30am
TRADING HOURS - WEEK ENDS	Office- Saturday 10am- 2pm Sunday 11am- 4pm
AVERAGE TURNOVER	2008- $1,912,093 2009 $ 1,758,956 Net profit $349,563 (Return to investor) After allowing $90,000 for manager/accounts person/owner
NUMBER OF STAFF	6 Casual Drivers- been with the business 1-14yrs 1 Casual Office staff- 4days x 4hrs
REASON FOR SELLING	Retirement-The owners have been involved in the business since 1992
GENERAL INFORMATION	An Overview of the Company: The Business was originally established as a small family owned business and operated as a partnership in 1992. The business originally distributed polish rye bread to various delis, corner stores, fruit shops, restaurants and small supermarkets. As the business evolved, other products had been added, some products dropped. By 1994 the business had become a very successful distributor. During this period they teamed up with a very well know bakery of Turkish bread and over the years the quality of this product and the reliability of the Company has allowed the business to flourish. The past 17years has seen the business grow, with its current turnover well over $1m, producing high and consistent profits over this period. The financial crises had very little impact on the business. The Company has secured long term distribution rights from the manufacture for the product it sells. This will allow the business to be financially rewarding for any prospective purchaser. The weekly schedule includes- 3 Delivery runs within the Sydney metropolitan area: 6 days per week Monday-Saturday 1) Northern beaches 2) South West 3) North West of Sydney 4) Canberra- Wednesday & Sunday The delivery side of the business operates out of a warehouse in Castle Hill. No stock is carried or stored on the premises. Drivers pack the vans on a daily basis for their designated deliveries. The administration is located at Cherrybrook, within the home of the proprietors. The success of this company: The quality of the products and the reliability of the Company has been a proven success story. The main product the Company distributes has won numerous medals at the Royal Easter Show between 2001-2009. The prices are extremely competitive and generally below any competition, but more importantly it is the quality of the product that is the main attraction. Quality Business/ Consistent High Profits/Secure Supplier Contracts
ASKING PRICE	$750,000