Specialising in hand made biscuits and sweet baked foods, the business has been in operation for over 20 years. Belmont’s Wholesale Fine Foods bakes specialise in small-batch baking guaranteeing fresh quality products ideal for its distributors consisting of restaurants, cafes, gourmet delis, food outlets and other service-focused customers.
The key features of the business are:
• Quality product cooked fresh daily
• The name itself is well established in Geelong with existing customers and thus provides immediate cash flow
• The ability to produce small batches and supply to order for small quantities is well suited to the customer base that is constantly growing in Geelong and the Bellarine Peninsula
• The key equipment is brand new and has spare capacity to handle the expected growth from the current trend lines of sales
What makes the business successful?
The marketing of the rehabilitated business is only just happening. The growth opportunities are enormous. There is ample spare capacity in the existing business structure and equipment and processes established to enable staff to be recruited to handle growth.
Further expansion is possible with more automation, and more equipment should volumes justify it.
The target market for the business is growing in the Greater Geelong area with increased tourism in Geelong, Bellarine and Surf Coast in particular.
The business has not been promoted outside of Geelong, but there is ample opportunity to promote the business into Melbourne or some more specialist larger retailers.
Continued expansion and changes to the product range will also increase sales to existing customers and potential new customers. In particular, gluten-free and Vegan products can command a premium price.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Asking Price: $99,000 + SAV
Finn Business Sales
Geelong & South West Victoria
(03) 5259 9970
Broker: Alan Wood
0400 792 811
alan.wood@finnbusinesssales.com.au
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