This well-established wholesale business provides a broad range of food packaging, hospitality and washroom products These products include biodegradable food packaging, cleaning chemicals, equipment, paper bags, take away food containers, glassware, PPE and much more.
The business has an extensive list of repeat customers. These includes coffee shops/cafes, take away food outlets, pizza shops, fresh food markets, bakeries, service stations, schools, health care and disability services businesses, pubs, clubs and recreational businesses. The business enjoys a broadly spread customer base, with the largest customer accounting for less than 5 percent of sales.
Having traded for over 20 years, this business has well-developed systems in place. Also, the owner is happy to provide a suitable training and handover period. As a result, this business is ready for you to step into and hit the ground running.
This business has very strong cash flow. Whilst some customers have accounts, many pay for their goods prior to or at the time of delivery. The net effect is that the business has a low working capital requirement, which helps boost your return on investment.
Whilst this business would be great for an owner operator, it also has the potential to be run under management.
For the 2022 financial year, this business achieved sales of over $5 million and net profit (EBITDA) of $977,000 (plus owner’s salary).
This quality business is being offered for sale at $2.5 million plus stock. Packaging wholesale businesses available for sale are as rare as hens’ teeth, and extremely popular. Act quickly to avoid missing out!
The location of this business is not exact, it is indicative only.