A business to business family owned Australian company which is well established for over 50 years and highly profitable. Its suitable for both owner operators and investors.
Sourcing the finest teas, herbs and spices the business manufactures and sells both tea bags and loose leaf tea in Australia. The business sells iconic brands that are sustainable, organic, premium, specialty herbal teas.
With unique products and a loyal customer base, the business supplies at high margins to Woolworths, Coles, IGA, Health Food Stores, Bulk Stores, Cafes, Online, as well as exporting throughout the world.
The average sales revenue is above $4M per annum.
With long standing distribution arrangements both nationally and globally, the business has proven to be recession proof and covid proof with strong sales growth and profit.
A capable and simple manufacturing operation is operated with approx. 8 staff and operates business hours Monday to Friday. Contract packers can also be used if required.
The products are dry with long shelf life and pleasant to work with. Multiple suppliers allow a low risk supply chain with opportunities to reduce costs. The business is debt free and strong cash flow allows savings by buying in bulk directly.
Diversified payment terms from 14 days with multinational companies ensure good cash flow, and a very low risk of bad debt.
The business is easily transferrable to a different location or can be continued to be run in the existing premises. The owner is willing to provide training and a suitable handover period.
This is an incredible opportunity for you to take the reins of one of the most reputable and premium tea companies! The sale includes everything you need to continue running this thriving business and a large secure existing customer base.
For more details on this business, please contact our exclusive agent to discuss it further.
The Information Memo will only be sent to serious buyers.