Run as a Home-Based Business, it is predominantly a food safety consulting business, though they do also undertake work in the non-food space.
They work with large and small companies, including some of Australia’s largest national retailers to develop policies and processes to meet legislation, quality or responsible sourcing programs.
The company also undertakes audits that are usually at the more specialised end – such as targeted or ‘trouble-shooting’ style audits, often used to confirm or get to the bottom of issues.
With 18 employees and 1 consultant on the payroll, the staff are long term employees of the business all working from home across all states. They also have embedded staff within some of Australia’s largest food and grocery, developing documentation and resources to assist the retailers in controlling food safety, quality and responsible sourcing initiatives.
They work with manufacturers and suppliers on how to meet the retailer and legislated requirements, and this work can range from factory audits, and process controls to recipe formulations, product testing and label compliance reviews.
The clients are long term and extremely loyal as the business is highly regarded in their field and more and more companies are choosing to outsource these services.
Their footprint although currently across 4 states in Australia has been growing into New Zealand, the UK and the US with companies importing products into Australia, therefore the trajectory of growth potential is excellent to further explore those markets as well as other states.
A full valuation is available on request
|Sales Revenue||$2,586,013 (Full Year Forecast 2023)
$1,520,348 (July to Dec 2022 – 6 months only)
$1,594,446 (Full Year 2022)
|EBIT (Net Profit)||$492,994 (Full Year Forecast 2023)
$290,930 (July to Dec 2022 – 6 months only)
$195,957 (Full Year 2022)