This packaging printing and manufacturing business has been operating for many years. It is based in Sydney and is largely focused on providing packaging solutions for the food and beverage industries.
The business has a solid, broadly spread customer list with the largest customer accounting for just ten percent of sales. As such, the business has the benefit of not being dependent on any particular customer.
This organisation has a substantial production facility that contains high volume printing equipment plus a broad, enviable range of equipment to convert printed materials into a variety of packaging products. Most staff have many years of experience and employees are in place to operate all equipment.
There is plenty of spare capacity on the existing machinery. As a result, the new owner should be able to grow the business considerably without the need to invest in any additional equipment in the short to medium term.
For the 2018 financial year, this business achieved sales of over $3.5 million.
This could be an excellent acquisition for another business operating in the packaging industry. It could provide the opportunity to boost sales, eliminate costs and boost profitability. The business could also be a great purchase for an individual or printing business that wishes to enter the packaging market.
This business is being offered for sale at $1.9 million. The price has solid asset backing and is close to the estimated value of the included equipment and stock.