SOLD – LONG ESTABLISHED PACKAGING & ASSEMBLY BUSINESS FOR SALE

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Property ID : JEBP310815

Businesses For Sale $495,000 + S.A.V. - INDUSTRIAL & MANUFACTURING, TRADES & SERVICES

UPDATE: This business is currently UNDER OFFER

 

Profitable & Solid Business with 30 years’ history – Since 1985, Long & Secure Lease, Packing, Assembling, Wrapping, Painting & More!

 

ASKING PRICE: $495,000 + S.A.V. (Stock at Valuation)

 

LOCATION: This business operates from two locations around Dandenong area (not Dandenong East itself).

 

ABOUT THE BUSINESS: This is your opportunity to own a business with 30 years’ history in the Contract Packing Industry. The company is truly committed to their client’s needs, be it Packing, Assembling, Wrapping or something out of the ordinary service.

 

The company has 2 main activities in two different locations. The services are assembling & packaging are done in a 750 sqm warehouse and represents 82% of the business, and the painting services (roofing screws mainly) are done in 368 sqm premises and represents 18% of the business.

 

The company has an extensive range of services available which include but is not limited to: Assembling, Counting / collating, Pre-form Blister Packing, Strapping, Tagging, Labelling, Heat Sealing, Shrink Wrapping, Bagging. Promotional Packing, Hand Assembly and more!

 

The current owners, after successfully managing the business for 13 years, are looking to sell to enter semi-retirement.

 

NUMBERS 2014-15 (PROJECTION – PER ANNUM):

 

SALES $731,153
GROSS PROFIT $731,153
RENT ($89,448)
WAGES ($283,236)
SUPERANNUATION ($26,043)
TOTAL EXPENSES $790,621
OPERATING PROFIT -$59,468
ADD-BACKS $228,530
ADJUSTED NET PROFIT $169,062

 

LEASE:

Lease agreement is in place and is due for renewal on 02/2017 (Packaging & Assembly Warehouse) and 08/2016 (Painting Services). Both with option of further term of 3 years.

 

 

>>> FOR FURTHER DETAILS ABOUT THIS EXCITING OPPORTUNITY, YOU WILL FIRST NEED TO FILL OUT A CONFIDENTIALITY (NON-DISCLOSURE) AGREEMENT. YOU CAN FILL IT ONLINE BY ACCESSING HTTP://CENTRALBROKERS.COM.AU/CONFIDENTIALITY-AGREEMENT/  OR YOU CAN SEND US AN E-MAIL ON ENQUIRIES@CENTRALBROKERS.COM.AU

 

 AGENT: ALEX 0428-846-322

 

Important Note: Images displayed on this advertisement are stock images only, not pictures of the actual business, its products, equipment, customers or employees. Figures provided here are reflection of the 2014-15 Profit & Loss Statement provided to us by the Vendor until March 2015 (projected to represent 12 months), except for Add-Backs which are estimations only. All information and figures are subject to Due Diligence by a Potential Purchaser with the assistance of a qualified professional.

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