Sold

Paper & Packaging Sales & Distribution - Highly Profitable

SOLD

Paper & Packaging Sales & Distribution

Large successful, highly profitable business.

Circa $2m sales with high adjusted nett to operators.

Established over 40 years operating over 5 days Monday to Friday.

530m2 premises with huge main road exposure with very reasonable rent.

A repeat customer base of Cafe, Restaurants & hospitality including clubs.

Products include disposable ware with eco-friendly products included, ranges of condiments, sauces, and flavourings.

Current owner 6 years.

Reliable staff with customer management systems in place.

Website and social media.

Price $520,000 plus SAV (approx. $350k)

Business Reference #: 608

Region: Central Coast Newcastle Hunter

Turnover: Approx. $2m per annum

Adjusted Net: Approx. $500k per annum

Plant Value: TBA      Plant Description: Office equipment, electric pallet stacker, pallet jack, LDV V80 2018 van & Renault Traffic 2018.

Years Established:  Est in excess 30 yrs with current owner 6 yrs.

Permanent Staff: Husband & Wife plus 2 fulltime   Casual Staff: 1 casual

Hours Weekday: 8.30am to 4.30am No public holidays. Closed 1 week at Christmas

Lettable Area: 530m2 with 128m2 mezzanine

Lease Terms: 2 years plus 3 year option

Rent per Calendar Month: $7,500 plus GST

Outgoings included in Rent

Parking Comments: Plenty of parking

Details

Price SOLD
Business Type Business
Business ID 56
Category Food/Hospitality, Import/Export/Whole, Retail

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Agent Details

John Ramsay

Australian Business Brokers - Central Coast