Importation, Wholesaling and Distribution
This business was built from "scratch" by the current owner circa 1980.
Since then, it has steadily grown.
They provide paper and plastic packaging material to clients throughout the Adelaide metro. area and near country.
The business has several hundred customers, mainly supermarkets.*
o Not Coles nor Woolworths
The inventory is located in two warehouses with favourable rentals.
The sale price includes all accounts and equipment (one delivery truck, forklift, pallet jacks).
The sale price also includes stock inventory of approx. $500K.
There is NO website or sales team. That is a tremendous growth opportunity!
The business operates M-F 8:00am-400pm, CLOSED Saturday-Sunday.
The business has maintained stability with a income of approx. $3.5 million [stc].
For the 2022 financial year, this business achieved sales of over $3,400,000 and net profit (EBITDA) of $397,463 (incl. owner's salary).
For the 2021 financial year, this business achieved sales of over $3,400,000 and net profit (EBITDA) of $357,378 (inc. owner's salary).
For the 2020 financial year, this business achieved sales of over $3,300,000 and net profit (EBITDA) of $212,522 (inc. owner's salary).
The seller will provide full financials after face to face meetings only.
The required training for the Purchaser, regardless of their industry experience, will be discussed and agreed upon before the contract is finalized and will be documented as a part of the contract.
? All candidates must provide proof of financial capability for /circa $1,000,000 ($450K asking price and $500K in inventory plus circa 10% of "agreed price" for contingencies) prior to speaking with the owner or obtaining the business address.
NB All site visits be made by appointment only.
