Business Sold Dandenong, Victoria 3175
Business Category Franchise Business Opportunities Professional Services Wholesale
SOLD
Description
Packaging Business 21 Years Est.
Packaging business
over 20 years established
t/o-consistent $450k last 3 years- huge expansion opportunity for active operator ,
loyal customer base providing 80 % of turnover last-6-7years
sale also includes the equipment of approx. $95k value , replacement cost in excess of $350k
Nett $167k to owner operator ,and share current premises
if have own premises of 450m2 can add back rent and related
expenses for a
NETT PROFIT of $206 k approx.
1 job is average $25-30k in value
100% plus mark up on jobs ie 30k job -$15 k in profit or
loyal staff of over 10 years in place and casuals as required in place
handover and training as required
excellent opportunity,
only selling as owner 86 years of age and his business partner has been sick
Equipment includes-
Sleeving machines -steam and electric
Shrink wrapper
Pallet wrappers
2-3 labellers
strapping machines x4-5 etc
Rent premises 50% - if required in Dandenong south area
Full training and handover
Business Deals with very large and well known manufacturers to finish off their work for production requirements ,as not able to or viable to complete in house
A very Cheap business with Large expansion opportunity to an astute operator
This business is priced to sell and will not last long
$149k includes all equipment,
***There is a Nett profit to an owner operator approx.. of $167.1k ,
based on staying at current premises and 50% sharing costs of current building ,owner is happy for this ,
this saves you having to move and reduces overheads and can utilise personal and systems in place for a seamless transition.
Add back an extra $39k to the nett profit if you have surplus warehouse space to transfer operation too ie a nett profit to owner operator of $206k approx.
There is Huge opportunity to increase customers and sales in this business.
The current manager has had Health issues last year and hasn’t looked for new business.
This week there has been a new customer that will bring in $100 p/a plus in revenue.(that’s 1 customer)
Business is price to sell and is less than 1x nett profit and includes all the equipment to operate ,customers and staff if required
, with a full handover and training from the Manager until new operators proficient , and can also stay if new owner wants a manager in place
Long term business and loyal customers
Please feel free to contact to discuss further or to submit an offer to purchase.
The business has had strong interest and envisage a sale in the short term.
Please contact to discuss or arrange to inspect further-
a confidently will need to be completed prior to further details sent
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