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DealProspect/Listings/Retail

Online Catering Equipment Retailer

ActiveRetailNew South WalesB2B
Asking price
$1,399,000
Disclosed · AUD
Revenue
$8,000,000
TTM
Profit
$480,000
Implied multiple
2.9×
asking / earnings
Brief
  • Established online retailer of commercial catering and hospitality equipment, selling Australia-wide
  • Over 28 years of online sales and more than 21,000 customers
  • Broad B2B client base across hospitality environments
  • Stocks brands including Rational, Roband, Hobart, Blue Seal, Middleby and Skope
  • Wide product range spanning ovens, fryers, dishwashers, fridges, ice machines and stainless-steel benches
  • Operates from a Northern Sydney office with fully documented procedures
  • Currently operating under management with minimal vendor input
  • 3 loyal staff plus 1 admin person in the Philippines
  • Strong web presence with 4.93 Google rating, delivering 100% of new sales
  • Includes 2 commercial kitchens on the premises generating daily rental revenue
  • Sold with the property