This business is a successful custom manufacturer and distributor of packaging solutions.
The business has its own brand name. The company also converts and distributes and customises in-house some well-known products with superior quality for their customers.
Key products offered include but are not limited to: corrugated boxes, tapes, all size stretch films with various gauges, bubble wrap & foam rolls, customised #-board, polybags, labels, strapping, janitorial supplies, copy paper and so on.
The office and warehouse are conveniently adjacent to relevant transportation/ hubs.
This successful business has years of established reputation. Its key competencies are efficient - effective service and competitive pricing.
The business is able to supply (its) local customers via "same day service" or next day delivery at competitive prices.
With "win win" partnerships insitu {with manufacturers}, the business mainatins "cost efficient" SOP's, coupled by lower overheads than its chain competitors.
The business has implemented CRM system to scale up and achieve effective and meaningful efficiency.
The business primarily runs a B2B/B2C business model. This helps grow and scale without worrying about very small retail orders. In the meantime, customer concentration is very low: the total of top 10 customer volume accounts for only around 16.5% - 18% total revenue.
All MP&E is included in the purchase price.
Financials are based on the average of the past 5 years (2019-2023), for packaging supplies business, not including logistics business.
NB
COVID19 had limited effect on business.
*ASKING PRICE`
"Expressions of Interest/Informal Tender".
Cash Flow
$930,051
EBITDA
$701,383
Gross Revenue
$7,500,000
Stock Holding
$650,000
Plant &Equipment Value`
$437,875 (included in asking price).
NB "Kent Town is (our) office precinct.
