Key Player in NZ’s Meat Industry, Start Food-Tech Company For Sale - Enquiries from $1.8m
Year Started:
2006
Owners:
Three related shareholders
A key player in supporting the New Zealand meat industry, Start Food-Tech has an exceptional reputation for quality and responsive service among its processing industry customers. They service processors across New Zealand, and with have the potential to grow into new product lines, services, and geographies.
It is rare to find a business of this size with such an established and
diverse customer base in one of New Zealand’s key primary
industries.
Location:
Bulls, Manawatu
Staff:
Shared management, one F/T, one P/T
KEY REASONS TO BUY THIS BUSINESS:
- Diverse client base from the largest meat processors to small independent butchers, supermarkets and vegetable processors.
- Strong presence in the market with $1,300,000+ annual turnover.
- Efficient warehousing and distribution systems.
- Consistent, robust profitability.
- Opportunity to explore potential contracted revenue and upselling with leasing/servicing model.
- Comprehensive industry knowledge.
- Established supplier network – exclusive NZ distribution rights for market-leading product
- Opportunity to explore the fragmented and underserviced Australian market, with the possibility of securing exclusive distributorship.
- Established client relationships built up over 15+ years. A new buyer is ready to do business from day one.
GROWTH OPPORTUNITIES:
Expand ranges
- There is a wide range of additional related products that would suit the existing customer base and distribution structure
Develop existing intellectual property
- Start Food-Tech holds patents for an innovative knife design –this IP has not yet been exploited
Increase penetration with other processing operators
- The existing operation has a significant presence in the meat processing market, but could expand further into poultry, fish, and retail/supermarket butchery.
Diversification
- With the existing customer base and corporate knowledge, there is opportunity to add distributorship for processing machinery and packaging solutions.
Expand ranges
- Start Food-Tech’s solid profitability in New Zealand provides an ideal springboard for entry into Australia, with the ability to secure distributorships for the wider Asia-Pacific area.
Start Food-Tech has excelled, despite little marketing –a new marketing strategy and management with the capacity to develop the business will reap rewards!
FINANCIAL SUMMARY:
Consistently profitable, Start Food-Tech is ready to be taken to the next level
