CHEFS WAREHOUSE – RETAIL SUPPLIER TO THE HOSPITALITY INDUSTRY

CHEFS’ WAREHOUSE” BUSINESS – RENOWNED RESTAURANT, BAKERY, CAFÉ AND CATERING SUPPLIER FOR 38 YEARS- FIRST TIME LISTED FOR SALE – OWNERS RETIRING

  • Turnover $4,900,000 plus GST in 2017 Financial Year
  • Adj. profit to owner/operator $534,000 PA i.e. before owners remuneration- due diligence welcome.
  • Operates from Surry Hills- note however that the business will need to be relocated within the next 12 months. Current rent $240K per annum included in expenses.
  • Huge online opportunity- currently no marketing is done at all.

SOLD

 

WONDERFUL OPPORTUNITY TO OWN THIS ICONIC BUSINESS WITH 38 YEARS OF HISTORY.

The driving objective of Chefs’ Warehouse is to provide the industry with not only the basics in tableware and kitchen equipment but also hard-to-find and reliable products that they are happy to recommend. The business is renowned for their reasonable prices and the level of service. The collective knowledge of products, cooking and food generally is rare amongst the industry.

Chefs’ Warehouse is one of the most respected and experienced suppliers in this industry with an exceptional range of products all under one roof many of which they import directly.

The business is  privately owned and managed by the one company since its inception and provides outstanding service to its customers via the store. Chefs’ Warehouse does not have a detailed website as such but there is a real contemporary opportunity that awaits regarding online offering via website and other media.

KEY FEATURES:

§  Genuine reason for sale – retirement. A training and support period will be available to ensure a smooth transition and minimal disruption.

§  Chefs Warehouse is a trusted brand name within the Hospitality Industry in Sydney

§  Impressive and sustained sales over many years.

§  Solid and profitable business with financials and tax returns available to support the figures

  • Same owners with business established in 1980
  • Competent, committed, experienced and long-serving staff of 9 who have indicated a willingness to remain with the company.
  • Strong relationships with major suppliers.
  • Excellent reputation with clients for efficiency and reliability and going the extra mile.
  • A comprehensive product range.

NOTE: A “bolt on” of Chefs’ Warehouse to an existing  business with warehousing facilities will reap synergistic benefits and substantial savings relating to rent, wages etc.

A comprehensive profile of the business is available.

For more information about this real business opportunity please call me for a detailed Memorandum of Information.

Michael Fischer

michael@fischerconsulting.com.au

0418 866 900