34 Georgina Crescent Yarrawonga NT 0830
Offers over $2,500,000

DESCRIPTION

Phone enquiries - please quote property ID 29816.

This an incredible opportunity to purchase a hugely successful, well-established, market-leading company with solid contracts, a widespread customer base and organic growth. With a significant competitive advantage, this highly regarded brand and enviable industry standing are poised perfectly for significant expansion.

Palmerston Bakery is a highly respected industrial bakery producing and supplying large volumes of bread and rolls to a diverse and broad customer base. With a solid foothold in the industry over its 27 years of operating, it offers high-quality wholesale bread using both old-fashioned processes and modern rapid dough production. The brand is synonymous with quality, immense order capabilities, reliability and sustainable practices.

- Fantastic location and enviable lifestyle, in the high growth region
- Well-established for 27 years, with premier market standing
- Loyal, top-quality supplier network
- Huge service capacity and capabilities, with state-of-the-art, well-equipped premises
- Strong organic growth so far, with clear avenues for further growth
- Excellent reputation with an extremely loyal customer base - major accounts in place
- Easy to run, systems and management software in place, including loyal, highly skilled staff
- Vendor happy to provide ongoing assistance/guidance as agreed

With minimal marketing, the company sees constant referrals and strong repeat business through its stellar reputation and superior product offerings. The company maintains major contracts with governmental organisations and private enterprises with the capabilities to service smaller clients to large-scale operations. It’s well-established, with skilled staff, state-of-the-art systems and procedures and reliable quality suppliers.

Profit is solid and consistently growing each year, but the current owners foresee plenty of potential growth avenues, including:
- Further marketing to supplement the minimal efforts currently undertaken – the business relies on repeat business and reputation – its minimal online presence could be expanded upon and its existing customer base could be better utilised for repeat marketing
- Palmerston is a planned satellite city of Darwin, and is the fastest-growing city in NT, with tourists and residents increasing each year
- Increases in population have necessitated an influx of other businesses and infrastructure in the area, offering potential new major clients, as well as individuals
- The premises currently house all necessary equipment but also have room to increase capacity

The current owners’ roles are limited to strategic direction and company performance, and the business runs smoothly without them working busy on a day-to-day basis. With consistent customers, quality products, systems in place and clear avenues for growth, enquire today to purchase not only a successful business but an enviable lifestyle in a developing location.

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