Deadline sale: 3pm, Tuesday 1 December 2020
Opportunities to buy a business like this are few and far between. Running successfully for over 25 years, this business has grown, and delivers high levels of profit, year in year out. After a strategic review, the warehouse space is now required for the growth of the parent business, so this division of the business is being sold off, despite the high levels of profitability.
After seeing the opportunity as garlic growers to process 2nd grade garlic and add value to it, the first garlic peeling machine in New Zealand was designed and built. The business moved from growing to processing a number of growers 2nd grade garlic. With the introduction of cheaper Chinese garlic in the early 2000's they pivoted to use Chinese garlic and established long term relationships with quality producers.
Ideal to run as a standalone operation, simply requiring 100sqm of warehouse space and a smaller chilled area, the line could be relocated to anywhere in New Zealand. It would also be the ideal addition to an existing business, allowing greater efficiency of under-utilised staff and space.
The long term, repeat customers provide a very strong base, but one that also has major growth potential. As the parent business has developed, this division has taken a back seat somewhat but has still delivered great levels of profit. The focus has not been there on marketing or revenue building, and with the right focus, this business could easily double in revenue.
The product is superior to the competitor Chinese imports as Springbrook garlic is a fresh, live product with a 4-5 week shelf life, where the competitor product is heavily processed and often bleached with a 6-month shelf life. The quality difference keeps the customers coming back.
This business could be relocated one day and sending out product the next. An amazing opportunity to add significant revenue and profit with some focus and solid marketing.
Contact Pete Coldwell today for more information