Basil Grower & Distributor

Queensland, Australia
 

Asking Price
$8,500,000


Basil Grower & Distributor

Quite simply Australia’s largest Basil grower and distributor

As Australia’s largest producer and supplier of fresh basil, you’ll struggle to find a business more well placed within its chosen industry. With its enormous market share, this unique investment opportunity features consistent annual growth and excellent profitability – the perfect acquisition on which to build your new Australian life.

Its client base centres on three major revenue paths:

Firstly, for 12 years the business has cultivated an exclusive supply relationship with Australia’s leading supermarket chain. The basil is harvested and sold to the supermarket chain via its distribution centres in the major Eastern capital cities. An extraordinary 25,000 to 30,000 bunches are sold to the supermarket chain each week.

Second, the business sells its produce to leading agents at the wholesale markets in Sydney and Brisbane, who then on-sell to retailers. An average of 3,000 to 4,000 bunches are sold to the markets weekly.

Finally, basil puree is sold throughout the year to major food manufacturers, and multinational companies in Sydney, Melbourne, Brisbane and Adelaide. An average of 3 tons per month is sold for use in products such as pesto, dips, marinades, sauces, pizza bases, flavourings etc.

For someone with energy and enthusiasm, the potential for the business to expand is near limitless. With its existing client base, you have the perfect foundations on which to build, while untapped possibilities for the future include developing other herb or basil products or other produce varieties. Another option could be to increase the number of olive trees which at present would provide sufficient oil for personal use. Currently the business utilises approximately 30 acres of the property leaving plenty of room to expand.

Located on a 230-acre property 20 minutes north of Bundaberg, this South- East Queensland business commenced operation in 1994 and now supplies 60% of Australia’s largest supermarket chain requirements.

With its combination of sub tropical location and state of the art greenhouses, the business is able to supply its produce all year round.

The crops are grown in ten large temperature controlled greenhouses. Computerised irrigation and fertilization systems ensure efficient, uniform growth patterns. The small temperature variances in the sub tropical climate, plus access to plenty of water, complete the ideal growing conditions for produce. The packing of fresh basil is carried out in a large temperature controlled packing house where from 14 to 20 staff are employed daily to prepare the orders of the day.

The site also includes a 3-bedroom, 3-bathroom family residence of outstanding quality. The modern open plan home, finished to high specifications which include Italian tiles and bidet, makes this an even more remarkable opportunity.

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